Rs 2000 notes worth Rs 6266 cr still in circulation after withdrawal 2 years ago
8 Articles
8 Articles
Rs 2000 notes worth Rs 6266 cr still in circulation after withdrawal 2 years ago
Mumbai: The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data. The Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation. In a statement on Friday, the RBI said the total value of Rs 2000 banknotes in circulation, which w…
2000 rupee notes: RBI released a new update regarding 2000 rupee note, check details
RBI data on Rs 2000 Note: According to the information received from RBI data, even after two years of withdrawal of these notes, notes worth Rs 6,266 crore are still in circulation. RBI has decided to withdraw Rs 2,000 notes on May 19, 2023… The Reserve Bank of India (RBI) has given an update on the Rs 2000 note which has been withdrawn from circulation. The Reserve Bank said that even after two years of withdrawal of these notes, notes worth R…
98.24 percent of Rs 2,000 banknotes have been returned: RBI
Mumbai: As many as 98.24 per cent of the Rs 2,000 banknotes which were in circulation as on May 19, 2023, have now been returned with the total value of such notes outside the banking system coming down to Rs 6,266 crore at the close of business on April 30, 2025, according to an RBI update on Friday. The total value of these banknotes in circulation was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of Rs 2,00…
RBI panel suggests extending call money market timings to 7 p.m.
Mumbai, May 2 (SocialNews.XYZ) A working group set up by the Reserve Bank of India (RBI) has recommended extending the trading hours for the call money market. The group suggested that the trading window should remain open till 7 p.m. instead of the current 5 p.m. This move aims to help banks manage their funds better in line with the needs of the real-time payment system. However, the group did not suggest any change in trading hours for other …
RBI Data Reveals Rs 2,000 Notes Worth Rs 6,266 Crore Still In Circulation
The high-value Rs 2,000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank of India withdrawing the currency, according to official data. The Rs 2,000 banknotes continue to be legal tender.On May 19, 2023, the RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation.In a statement on Friday, the RBI said the total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore a…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage