2000 Rupee Notes: Pink notes of Rs 2000 were taken out of circulation in the country by the Reserve Bank of India (RBI) about 8 months ago, but till now 100 percent of the notes present in the market have not been returned. RBI has released an update regarding these Rs 2000 notes and according to these figures, people in the country are still holding pink notes worth Rs 9,330 crore.
So many notes had been returned by 29 December
While issuing an update on the Rs 2000 notes withdrawn from circulation on the first day of the year 2024, RBI said that since the ban, 97.38 percent of the notes have been returned. Last year, on May 19, 2023, a total of Rs 2,000 notes worth Rs 3.56 lakh crore were present in circulation in the market, whereas on December 29, 2023, this figure has come down to only Rs 9,330 crore. According to this, even till the end of December, 2.62 percent pink notes were in circulation.
Were closed under clean note policy
Under the Clean Note Policy, the Reserve Bank had announced to withdraw this highest value Rs 2000 note in circulation in the country on 19 May 2023. After this, the central bank had given time from 23 May to 30 September 2023 to return and exchange these notes in local banks and 19 RBI regional offices. However, after this this deadline was extended to 7 October 2023.
Deposit can be made through India Post
For the Rs 2000 notes that were left after this date, RBI has continued the facility of exchange at Reserve Bank offices from October 8, 2023. Not only this, the central bank has clarified that these Rs 2000 pink notes taken out of circulation are legal tender and are available in 19 RBI offices, which are Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Apart from going to Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram, the public can also deposit these notes through India Post through any post office nearest to them.
These notes were introduced after the first demonetization
The central bank introduced Rs 2,000 denomination notes in November 2016 after the government decided to demonetise the Rs 5,00 and Rs 1,000 notes in circulation. After this, after the availability of bank notes of other denominations in sufficient quantity, the objective of introducing bank notes of Rs 2,000 was accomplished. Therefore, printing of Rs 2,000 bank notes was stopped in 2018-19, RBI said.
