97.87 pc of Rs 2000 banknotes have now been returned, RBI

The Reserve Bank of India (RBI) on Monday said that 97.87 per cent of the ₹2000 banknotes that were in circulation as of May 19, 2023, when their withdrawal was announced, have now been returned.

The total value of ₹2000 banknotes in circulation has declined to ₹7581 crore at the



close of business on June 28, 2024, from ₹3.56 lakh crore at the close of business on May 19, 2023, according to the RBI’s latest update.

The facility for the exchange of the ₹2000 banknotes has been made available at the 19 Issue Offices of the Reserve Bank 1 since May 19, 2023.