RBI says Rs 9,760 cr worth Rs 2k notes not returned
RBI Reports 97.26% Return of Rs 2,000 Notes; Only Rs 9,760 Crore Remain in Circulation
Mumbai: The Reserve Bank of India (RBI) on Friday said that banks have received 97.26 per cent of the Rs 2,000 denomination banknotes in circulation and only Rs 9,760 crore worth of such notes are remaining with the public. The RBI had announced the withdrawal of Rs 2,000 denomination bank notes from circulation on May 19.
“The total value of Rs 2,000 banknotes in circulation, which amounted to Rs 3.56 lakh crore as at the close of business on May 19, 2023 when the withdrawal of Rs 2,000 banknotes was announced, has declined to Rs 9,760 crore as at the close of business on November 30, 2023. Thus, 97.26 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, has since been returned,” said the RBI in a statement.
People can still deposit and/or exchange Rs 2,000 bank notes at the 19 RBI offices across the country. People can also send Rs 2,000 bank notes through India Post from any post office, to any of the RBI Issue Offices for credit to their bank accounts in India.