Rs 2,000 Notes - Latest News Update, Information, Photos & Videos on Rs 2,000 Notes at Lokmat Times

The Reserve Bank of India (RBI) on Monday, July 1, said that 97.87% of the Rs 2000 denomination banknotes have returned to the banking system, and only Rs 7,581 crore worth of the withdrawn notes are still with the public. On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, has declined to Rs 7,581 crore at the close of business on June 28, 2024."The total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crores at the close of business on May 19, 2023, when the withdrawal of Rs 2000 banknotes was announced, has declined to Rs 7581 crores at the close of business on June 28, 2024. Thus, 97.87% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned. The Rs 2000 banknotes continue to be legal tender," said RBI in a statement.Also Read | New Criminal Laws: First Case Under New Penal Code Bharatiya Nyaya Sanhita Filed In Mumbai."Thus, 97.87 per cent of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned," the central bank said in a statement.The facility for deposit and/or exchange of the Rs 2000 banknotes was available at all bank branches in the country till October 7, 2023. The facility for the exchange of the Rs 2000 banknotes has been available at the 19 issue offices of the Reserve Bank since May 19, 2023.From October 9, 2023, RBI issue offices are also accepting Rs 2000 banknotes from individuals and entities for deposit into their bank accounts. Further, members of the public are sending Rs 2000 banknotes through India Post from any post office within the country to any of the RBI issue offices for credit to their bank accounts.The 19 RBI offices depositing/exchanging the banknotes are in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram. The Rs 2000 banknotes were introduced in November 2016, following the demonetisation of the then-prevailing Rs 1000 and Rs 500 banknotes.

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Pahalgam Terror Attack

Tahawwur Rana

IPL 2025

CM Devendra Fadnavis

Mumbai Local

Weather Update

Rs 2,000 Notes, NewsFOLLOW

Rs 2,000 notes, Latest News

National :Rs 2000 Notes Update: Rs 7,409 Crore Worth Notes Still With Public; 97.92% Returned

The Reserve Bank of India (RBI) on Thursday said 97.92 per cent of the Rs 2,000 denomination banknotes have ... ...

National :Rs 2,000 Notes Worth Rs 7,581 Crore Still With Public, Says RBI

The Reserve Bank of India (RBI) on Monday, July 1, said that 97.87% of the Rs 2000 denomination banknotes ... ...