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Only 1.69% of ₹2,000 banknotes worth ₹6,017 crore to return to RBI, says Minister

The Statesman Kolkata

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August 19, 2025

Only 1.69 per cent of the Rs 2,000 banknotes were yet to be returned to the Reserve Bank of India (RBI) from circulation (as on July 31), the Parliament was informed on Monday.

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Only 1.69% of ₹2,000 banknotes worth ₹6,017 crore to return to RBI, says Minister

As per the Reserve Bank of India (RBI), the total value of Rs 2,000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, has declined to Rs 6,017 crore as on July 31.

Before undertaking the exercise of withdrawal of Rs 2,000 banknotes, it was ensured that sufficient buffer stock of cash was available with banks across the country to meet the exchange/withdrawal requirements.

FLERE HISTORIER FRA The Statesman Kolkata

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