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97.7% of ₹2,000 notes returned, circulation dips to ₹7,961 cr: RBI
short by Mansi Agarwal / on Thursday, 2 May, 2024
The Reserve Bank of India (RBI) on Thursday said 97.76% of ₹2,000 banknotes have returned to the banking system. The total value of the notes, which stood at ₹3.56 lakh crore on May 19, 2023, has dipped to ₹7,961 crore on April 30, 2024. The central bank announced the withdrawal of ₹2,000 banknotes from circulation in May last year.
read more at Moneycontrol