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National savings schemes in India are widely regarded as secure due to their government backing.

Invest in short-term instruments if your goals have a timeframe of one year or less.

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It must be noted that the Rs 2000 banknotes continue to be legal tender.

Mumbai: The Reserve Bank of India (RBI) said in its currency update on Thursday that 97.76 per cent of the Rs 2,000 banknotes in circulation as on May 19,

The Reserve Bank of India (RBI) said in its currency update on Thursday that 97.76 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, when their withdrawal was announced, have now been returned.

"The value of these Rs 2,000 notes had come down to Rs 8,202 crore at the close of business on March 29, 2024," the RBI had said on April 1 as part of its currency update.

The Rs 2,000 banknotes continue to be legal tender, RBI said in a press release.

The Reserve Bank of India (RBI) said in its currency update on Thursday that 97.76 per cent of the Rs 2,000 banknotes in circulation as on May 19, 2023, when their withdrawal was announced, have now been returned."The total value of Rs ...

India Business News: MUMBAI: The Reserve Bank of India (RBI) on Thursday said 97.