IANS | 01 Jan, 2024
The Reserve Bank of India (RBI) said on Monday that the total value
of ₹2,000 banknotes declined to ₹9,330 crore at the close of business on
December 29. Thus, 97.38 per cent of ₹2000 banknotes have now been
returned.
The total value of the Rs 2,000 banknotes in circulation
was Rs 3.56 lakh crore at the close of business on May 19, 2023, when
the withdrawal was announced.
The facility for exchange of Rs 2,000 banknotes is available at 19 issue offices of the Reserve Bank since May 19, 2023.
Since
October 9, 2023, RBI issue offices are also accepting Rs 2,000
banknotes from individuals/entities for deposit into their bank
accounts.
Further, members of the public from within the country
are sending ₹2,000 banknotes through India Post from any post office to
any of the RBI issue offices for credit to their bank accounts,
according to the RBI statement.
Rs 2,000 banknotes continue to be legal tender.
