RBI says 97.62% banknotes of Rs 2000 have returned to banks; know remaining amount
The RBI said in a statement on Friday, "The total value of ₹2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹8470 crore at the close of business on February 29, 2024. Thus, 97.62% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned."
The RBI says that Rs 2000 banknotes continue to be legal tender. Photo: File/Representational