Over one-third of ₹2,000 currency notes returned so far: Report1 min read 08 Jun 2023, 09:07 AM IST
Around 35% of ₹2,000 currency notes have been deposited or exchanged so far in India, with the RBI announcing their withdrawal from circulation.
The banks in India have witnessed a sharp pace in collecting ₹2,000 notes. According to a report by Business Standard, around 35% of ₹2,000 currency notes have been deposited or exchanged so far. Notably, there were 1.81 billion pieces of ₹2,000 banknotes were in circulation as of 31 March, comprising 1.3% of total circulation in volume terms. And, the total value of ₹2,000 notes in the system is ₹3.62 lakh crore.