Rs 12,000 Crore Of Rs 2,000 Currency Notes Still In Circulation: RBI
Governor Shaktikanta Das on Friday said Rs 3.43 lakh crore of Rs 2,000 denomination notes have come back to the system so far.
Stay updated with breaking news from 2000 Notes. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Governor Shaktikanta Das on Friday said Rs 3.43 lakh crore of Rs 2,000 denomination notes have come back to the system so far.
India Business News: The Reserve Bank of India on Saturday extended the last date for the exchange of Rs 2,000 notes till October 7.The original deadline was set to expire
The Reserve Bank of India (RBI) has extended the deadline for exchanging Rs 2,000 notes until October 7, 2023. According to the RBI, about 96% of the Rs 2,000 banknotes have been returned to the banking system since the decision to withdraw the note from circulation. Starting from October 8, all branches will cease the procedure for exchange or deposit of the currency.
Courts, law enforcement agencies, government departments, or other public authorities involved in investigations or enforcement can deposit or exchange Rs 2000 banknotes at any of the 19 RBI Issue Offices without any set limit.
2000 note exchange: Deadline ends in 3 days: On May 19th the Reserve Bank of India ordered the withdrawal of Rs 2000 rupee notes and asked the people to deposit the notes in the bank before September 30th.