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2000 Rupee Note: RBI’s latest announcement on Rs 2000 notes, will it affect people?

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2000 Rupee Note: RBI's latest announcement on Rs 2000 notes, will it affect people?
2000 Rupee Note: RBI's latest announcement on Rs 2000 notes, will it affect people?

2000 Rupee Note: The Reserve Bank said in a statement, “According to the data received from the banks, since the decision to remove the Rs 2,000 note from circulation on May 19, by June 30, 2023, 76 percent i.e. Rs 2.72 lakh crore of notes have been returned.” Have come.

Rs 2000 Note: The Reserve Bank of India (RBI) recently announced the withdrawal of Rs 2000 notes. After this, now RBI has issued an update on this. RBI said that since the decision to withdraw the Rs 2,000 notes in circulation, 76 percent of the notes i.e. Rs 2.72 lakh crore have returned to the banks. Most of these notes have been deposited by people in their bank accounts.

Banking

The central bank had suddenly decided to withdraw the Rs 2,000 note on May 19, 2023. People have been asked to deposit Rs 2,000 notes in their bank accounts or exchange them for other denomination notes by September 30.

According to the Reserve Bank, in terms of value, in March 2023, a total of Rs 3.62 lakh crore notes were of Rs 2,000. It was reduced to Rs 3.56 lakh crore after the end of business hours on May 19, 2023.

The Reserve Bank

said in a statement, “As per the data received from the banks, since the decision to remove the Rs 2,000 note from circulation on May 19, 76 percent i.e. Rs 2.72 lakh crore of notes have been returned till June 30, 2023.” As a result, Rs 2,000 notes worth Rs 84,000 crore were left in circulation after the close of business hours on June 30, according to the statement.

Rs 2,000 notes

According to the data received from various banks, out of the Rs 2,000 notes returned, about 87 percent people have deposited them in their bank accounts, while 13 percent have been exchanged with notes of other denominations.

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