The Reserve Bank of India (RBI) on Friday disclosed a substantial decrease in the circulation of ₹2000 denomination banknotes since the announcement of their withdrawal. As per the latest data, the total value of ₹2000 banknotes in circulation has plummeted from ₹3.56 lakh crore on May 19, 2023, to a mere ₹8470 crore by February 29, 2024. A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu.(REUTERS) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} “Thus, 97.62% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned,” the central bank said in a release. Hindustan Times -…
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₹2000 banknote still legal tender, circulation drops to ₹8,470 crore: RBI
