Hyderabad, Nov. 2 (Maxim News) : The Reserve Bank of India (RBI) said ₹2,000 denomination notes worth ₹5,817 crore have not yet returned to the banking system.
Here To Join Us On WhatsApp
Despite the withdrawal of the high-value notes from circulation, a small portion remains unaccounted for, according to the central bank’s latest data released on Saturday.
Majority of ₹2,000 Notes Returned
RBI stated that as of May 19, 2023, ₹2,000 notes amounting to ₹3.56 lakh crore were in circulation. By October 31, 2024, 98.37 percent of these notes had been returned, leaving only ₹5,817 crore still in use.
Here To Join Us On WhatsApp
The central bank clarified that the withdrawal process was largely complete, with minimal notes yet to be deposited.
The RBI noted that citizens can still exchange or deposit the remaining ₹2,000 notes at any of its 19 regional offices.
Here To Join Us On WhatsApp
Those unable to visit in person can send their notes through India Post to deposit them into their bank accounts.
The central bank reaffirmed that the ₹2,000 notes remain legal tender until further notice, but encouraged holders to complete exchanges promptly. (Maxim News)
Now you can get the latest stories from Indtoday on Telegram every day. Click the link to subscribe. Click to follow Indtoday’s Facebook page, Twitter, and Instagram. For all the latest Hyderabad News updates’
More Stories….
Musheerabad Police arrested an accused in the Badrinath death case linked to a Ganesh Agaman procession in Ramnagar.
Hyderabad, Oct 5 (Maxim News): Custard apple prices have surged in Hyderabad following a sharp decline in production across Telangana. The impact of reduced rainfall and high temperatures, attributed in the supplied report to El Niño, has damaged flowers and young fruits. Farmers say trees that normally bear 50 to 60 fruits are producing fewer…
Portugal vs Norway Nations League clash ended in a 2-1 victory for Portugal on Sunday, October 4, as Gonçalo Ramos scored the decisive goal to secure another win for his team. Here To Join Us On WhatsApp Norway took the lead through Kristoffer Ajer in the 36th minute. Portugal responded quickly, with João Cancelo equalising…
Hyderabad, Oct 5 (Maxim News): Telangana Government Chief Secretary Sanjay Jaju said that the state government’s goal is to develop Telangana as an international education hub . He said that the state government’s goal is to complete 67 integrated schools by December 2027. CS Sanjay Jaju held a review meeting at the Secretariat today (Monday)…
Hyderabad, Oct. 5: Greater Hyderabad Municipal Corporation (GHMC) Commissioner RV Karnan inspected the proposed 4.3 km elevated corridor in western Hyderabad. Here To Join Us On WhatsApp Khairatabad Zonal Commissioner B. Santosh and the GHMC Chief Engineer accompanied him during the inspection. The six lane, bidirectional steel flyover will connect Jubilee Hills Check Post with…
Hyderabad, Oct. 5 (Maxim News) : Anjuman Muslim Danishwaran Osmania has urged the Telangana government to nominate Dr Charakonda Venkatesh as a Member of the Legislative Council (MLC) under the Governor’s quota. Here To Join Us On WhatsApp The Anjuman-e-Muslim Danishwaran-e-Osmanian appealed to Chief Minister A. Revanth Reddy to consider his educational, political and social…
