Public and entities holding such notes were initially asked to either exchange or deposit them in bank accounts by September 30. The deadline was later extended to October 7. Deposit and exchange services at bank branches were discontinued on October 7.
India Business News: The Reserve Bank of India (RBI) on Monday said that nearly 97.38 per cent of the Rs 2,000 bank notes have been returned to the banking system, and onl
Earlier this year, the govt announced withdrawal of Rs 2000 bank notes from circulation after which people rushed to exchange the currency. The last date for exchange is over but do you still have the high-denomination currency? Know how you can exchange it.. - Rs 2000 Notes Still With You? Know Here How To Exchange High-Denomination Currency
The total value of Rs 2000 banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023 - when the RBI decided to withdraw the banknote.
As per the latest data from banks, the total value of the Rs 2000 notes received back from circulation till July 31 is Rs 3.14 lakh crore 88 per cent of the total.