IANS | 01 Jul, 2024
The Reserve Bank of India (RBI) on Monday said that 97.87 per cent of
the ₹2000 banknotes that were in circulation as of May 19, 2023, when their
withdrawal was announced, have now been returned.
The total value of ₹2000 banknotes in circulation has declined to ₹7581
crore at the close of business on June 28, 2024, from ₹3.56 lakh crore at the
close of business on May 19, 2023, according to the RBI’s latest update.
The facility for the exchange of the ₹2000 banknotes has been made
available at the 19 Issue Offices of the Reserve Bank 1 since May 19, 2023.
From October 9, 2023, RBI Issue Offices are also accepting ₹2000
banknotes from individuals/entities for deposit into their bank accounts.
Further, members of the public are sending ₹2000 banknotes through India
Post from any post office within the country to any of the RBI Issue Offices
for credit to their bank accounts.
The ₹2000 banknotes continue to be legal tender.
--IANS
