Three-fourth of ₹2000 currency notes in circulation have returned to banks: Govt
New Delhi: Indian banks have received ₹2.72 trillion worth of ₹2,000 banknotes up to 30 June, after the Reserve Bank of India announced their withdrawal on 19 May, said Union Minister of State for Finance Pankaj Chaudhary in a written reply to a question in Rajya Sabha. In a surprise move, RBI announced withdrawal of ₹2,000 notes from circulation but gave public time till 30 September to either deposit such notes in accounts or exchange them at banks. “At present, this matter is not under consideration,” MoS for finance, Pankaj Chaudhary, said in a written reply when asked whether the government intends to extend the deadline for the exchange of ₹2,000 note in banks beyond 30 September. According to the RBI, as much as 76 per cent of the ₹2,000 currency notes in circulation have either been deposited or exchanged at banks.
Last date to exchange ₹2000 at banks nears; check list of bank holidays in Sept
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RBI withdrawal relief for New India Co-op Bank depositors. Check details here