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RBI reports Rs 12,000 crore in Rs 2,000 notes still in circulation

 1 year ago
source link: https://nextbigwhat.com/rbi-reports-rs-12000-crore-in-rs-2000-notes-still-in-circulation/
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Home RBI reports Rs 12,000 crore in Rs 2,000 notes still in circulation

RBI reports Rs 12,000 crore in Rs 2,000 notes still in circulation

  • Governor Shaktikanta Das announced that Rs 3.43 lakh crore of Rs 2,000 denomination notes have been returned to the system.
  • Over Rs 12,000 crore of these notes remain in circulation, and can be returned even after the extended period.
  • The RBI has also introduced a new system for depositing or exchanging these notes, and postal department services can be used for those unable to travel to RBI offices.
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