Search
ieeditor
ieeditor

98.21% of ₹ 2000 notes returns, says RBI

Banking
Listen to this article
The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned.
The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹6,366 crore at the close of business on March 31, 2025.
Thus, 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned.
The ₹2000 banknotes continue to be legal tender, the RBI said.

Latest

Economy

India cancels cargo trans-shipment facility for Bangladesh

0
The rescission takes immediate effect. However, cargo that has already...
Banking

RBI cuts repo rate by 25 basis points

0
The decision was made during the first Monetary Policy...
Corporate

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

0
The new plant is coming up near Chennai, Tamil...
Automobile

Renault to buy out Nissan in Indian JV

0
"Renault Group would own 100% of Renault Nissan Automotive...

Newsletter

Don't miss

Economy

India cancels cargo trans-shipment facility for Bangladesh

0
The rescission takes immediate effect. However, cargo that has already...
Banking

RBI cuts repo rate by 25 basis points

0
The decision was made during the first Monetary Policy...
Corporate

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

0
The new plant is coming up near Chennai, Tamil...
Automobile

Renault to buy out Nissan in Indian JV

0
"Renault Group would own 100% of Renault Nissan Automotive...
Automobile

Maruti Suzuki posts record sales in FY2025

0
The company sold a total of 2,234,266 units, including 1,795,259 units in...
ieeditor
ieeditor

India cancels cargo trans-shipment facility for Bangladesh

ieeditor -
The rescission takes immediate effect. However, cargo that has already entered the Indian territory under the provisions of the rescinded circular may continue its exit...
Read more

RBI cuts repo rate by 25 basis points

ieeditor -
The decision was made during the first Monetary Policy Committee (MPC) meeting of the financial year 2025-26, held from April 7-9.  In a parallel move...
Read more

ebm-papst to set up a new plant near Chennai at Rs.340 cr.

ieeditor -
The new plant is coming up near Chennai, Tamil Nadu. The new greenfield project is expected to involve an initial investment of outlay of  Rs....
Read more

About us

Most recent

Most popular

Hot On Web

Kothari Industrial Corporation Limited - All rights reserved.