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Are Rs 2,000 Bank Notes Still A Legal Tender? Check What RBI Said
Credit: Zee News- Published on December 4, 2023
The Reserve Bank of India (RBI) has said that 97.26% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned.
Video credit: Oneindia
Published on December 1, 2023 - 02:09
₹2,000 bank notes continue to be legal tender; 97.26% of the notes retrieved: RBI | Oneindia News
The central bank revealed that nearly 97.26% of these high-denomination notes have been successfully returned to the banking system. In a statement released earlier today, the RBI disclosed that as of November 30, 2023, only about ₹9,760 crore worth of ₹2,000 bank notes remain with the public. This marks a significant reduction from the ₹3.56 lakh crore in circulation as of May 19, 2023, when the withdrawal of ₹2,000 bank notes was announced.
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