MUMBAI: About 2.3% or Rs 8,202 crore of the withdrawn Rs 2,000 banknotes are nonetheless in circulation, about six months after the deadline to deposit or change them at financial institution branches is over.
This basically meant 97.69% of the full worth of the high-value Rs 2,000 banknotes have been again within the banking system.
The whole worth of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore on the shut of enterprise on Might 19, 2023, the date on which RBI determined to withdraw the banknote.
The final day for the general public to avail of change or to deposit high-value Rs 2000 banknotes on the banks was October 7, 2023. Nonetheless, the window for depositing and/or exchanging the Rs 2,000 banknotes continues to be out there on the 19 subject places of work of the RBI.
These 19 RBI subject places of work are in Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.
Members of the general public from throughout the nation can ship Rs 2000 banknotes by India Submit from any submit workplace within the nation to any of the RBI Problem Workplaces for credit score to their financial institution accounts in India.
The Rs 2000 banknotes proceed to be authorized tender.
The Rs 2000 banknote was launched in November 2016, primarily to fulfill the foreign money necessities of the financial system expeditiously after the withdrawal of the authorized tender standing of all Rs 500 and Rs 1000 banknotes in circulation at the moment.
The target of introducing Rs 2000 banknotes was met as soon as banknotes in different denominations turned out there in ample portions. Subsequently, the printing of Rs 2000 banknotes was stopped in 2018-19.
This basically meant 97.69% of the full worth of the high-value Rs 2,000 banknotes have been again within the banking system.
The whole worth of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore on the shut of enterprise on Might 19, 2023, the date on which RBI determined to withdraw the banknote.
The final day for the general public to avail of change or to deposit high-value Rs 2000 banknotes on the banks was October 7, 2023. Nonetheless, the window for depositing and/or exchanging the Rs 2,000 banknotes continues to be out there on the 19 subject places of work of the RBI.
These 19 RBI subject places of work are in Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.
Members of the general public from throughout the nation can ship Rs 2000 banknotes by India Submit from any submit workplace within the nation to any of the RBI Problem Workplaces for credit score to their financial institution accounts in India.
The Rs 2000 banknotes proceed to be authorized tender.
The Rs 2000 banknote was launched in November 2016, primarily to fulfill the foreign money necessities of the financial system expeditiously after the withdrawal of the authorized tender standing of all Rs 500 and Rs 1000 banknotes in circulation at the moment.
The target of introducing Rs 2000 banknotes was met as soon as banknotes in different denominations turned out there in ample portions. Subsequently, the printing of Rs 2000 banknotes was stopped in 2018-19.
