Rs. 12,000cr worth of Rs. 2,000 notes still in circulation
Shortpedia
Content Team
Image Credit: english.jagran
Reserve Bank of India (RBI) Governor Shaktikanta Das announced on October 6 that Rs. 12,000 crore worth of Rs. 2,000 denomination notes have not yet returned to the central bank. As of May 19, 2023, Rs. 3.56 lakh crore worth of Rs. 2,000 notes were in circulation. Barring the notes yet to come back, 87% of the notes in circulation as of May 19 have been deposited into banks while the rest have been exchanged across counters for other denominations.
