Around 76% of Rs 2,000 notes back in banking system, says RBI
On May 19, the central bank announced the withdrawal of Rs 2000 from circulation.
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On May 19, the central bank announced the withdrawal of Rs 2000 from circulation.
The total value of Rs 2,000 bank notes received back from circulation after the announcement on May 19 is Rs 2.72 lakh crore up to June 30, 2023
Amazon India has rolled out a new service for the Indian citizens in light of the recent move by the government regarding the withdrawal of Rs 2,000
Amazon Pay announced a new service known as 'cash load at doorstep,' which allows users to deposit Rs. 2000 notes in exchange for Amazon Pay balance.
The total value of ₹2,000 banknotes in circulation declined to ₹3.62 trillion or 10.8% of notes in circulation on 31 March from ₹6.73 trillion on 31 March 2018, constituting 37.3% of notes in circulation