The government of India has released the most recent updates about Rs 2000 notes. Information has been shared up to December 31, 2024 in terms of how many Rs 2000 notes in the market had been left after demonetization and how many notes had been received. These notes have been confirmed in circulation, but the number of notes has also been calculated.
RBI Big Update
As per data, 98% of the Rs 2000 notes have returned back to the bank; however, the notes worth Rs 6691 crore are still in the public’s hand and are circulating in the market. According to information provided by the Reserve Bank of India, 98.12 % of the Rs 2000 notes issued by the Reserve Bank of India have been found through the data collected till end December 31, 2024. The demonetization had notes worth Rs 3.56 lakh crore in the market in May 2023, but now only Rs 6691 crore of these are out.
Notes can be deposited in 19 offices of RBI
According to the media, the Reserve Bank said it is still maintaining the provision for exchange or deposit of Rs 2000 notes. Every branch of a bank has stopped issuing notes until October 7, 2023. However, the ink reg23, RBI, through 19 banks, can also exchange the notes, which indeed began on October 9, 2023. Furthermore, India Post, on the other hand, has allowed people to turn in their Rs 2000 bills. It seems to be a relief for the people and defined in the process quite a lot.
Obtain these two thousand rupee notes deposited at the offices of RBI in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram.
Two thousand rupee notes still in circulation
The Reserve Bank has taken back Rs 2000 notes, according to various reports. But the main part of those Rs 2000 notes was still going on in the market. However, they’re not with the general public because they normally are in the hands of businessmen mainly. The 2000 rupee note was printed by the government in 2016 after the demonetization of Rs 1000 and Rs 500 notes, to solve the cash scarcity. Down the road, Even the notes of thers 2000 have been taken back by the bank, but they are still very much present in use for numerous business transactions even after these days.
