RBI says 97.82 per cent of Rs 2000 currency notes received by govt, Rs.7755 crore still with public
The Reserve Bank of India on Monday announced the government has received 97.82 per cent of Rs 2000 currency notes that were in circulation as on May 31, 2024.
"The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹7755 crore at the close of business on May 31, 2024," RBI 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 up to October 07, 2023.
The facility for exchange of the Rs 2000 banknotes is available at the 19 Issue Offices of the Reserve Bank (RBI Issue Offices) since May 19, 2023.
From October 09, 2023, RBI Issue Offices are also accepting Rs 2000 banknotes from individuals / 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 Rs 2000 banknotes continue to be legal tender, the Indan central bank said.
IBNS
Senior Staff Reporter at Northeast Herald, covering news from Tripura and Northeast India.
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