’Two-Third Of ₹2000 Notes Back, No Negative Impact…’: RBI | Details

The withdrawal of the ₹2000 currency note, announced on May 19th by the Reserve Bank of India, will not have any negative impact on the economy said the RBI governor in the June monetary policy review. Das also said that more than two-thirds of the total currency notes in circulation have returned to the system. According to RBI, 'more than two-thirds of Rs2.41 lakh crore bank notes worth of the ₹3.62 lakh crore as of March 31, 2023 of the now-recalled 2000 banknotes have come back to the system as of mid-last week'.