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According to RBI data, Rs 2,000 denomination banknotes worth Rs 5,817 crore remain in circulation. Since their withdrawal announcement in May 2023, 98.37 per cent of the notes have been returned. The Rs 2,000 notes continue to be legal tender, the RBI clarified.
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Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation
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The RBI had announced the withdrawal of Rs 2000 notes on May 19, 2023 and the circulation of notes has drastically come down from Rs 3.56 lakh crore to Rs 6,691 crore as of December 31, 2024
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Three notes of Rs.2,000 denomination found during the counting of the hundi's collection of Sri Kethaki Sangameshwara Swamy Temple in Jharasangam on Saturday.
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97.50 per cent of the Rs 2,000 banknotes that were in circulation as on May 19, 2023, when the withdrawal was announced have been returned, the RBI said on Thursday.
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from October 8 it can be, you know, deposited in or exchanged in the Reserve Bank in the issue offices of the Reserve Bank, which is there in almost every state capital we have presence. So there are 19 of them, Das told reporters
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Earlier this month, the RBI said more than three-fourths of the total 3.62 lakh crore of Rs 2,000 bank notes have come back to the system
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Reserve Bank Governor Shaktikanta Das has said that within a month of the recall order, more than two-thirds of the Rs 2,000 currency notes have returned to the system.
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The pan-India survey also found out that a whopping 55 per cent of people are planning to deposit their currency notes at the bank
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A vacation bench of Justices Sudhanshu Dhulia and KV Viswanathan declined an urgent hearing of the plea saying the case does not require a hearing during the vacation
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TPDA has made a public appeal urging cooperation from customers in tendering change or embracing digital payments.
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The Reserve Bank of India (RBI) said it had asked banks to stop issuing Rs 2,000 notes with immediate effect.
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Exchange facility for Rs 2000 notes will be available only at bank branches and cannot be done through post offices.
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RBI announced that it will withdraw Rs 2000 note. It is India's highest denomination currency and was introduced in 2016 after demonetization.
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SBI customers will not be required to submit any ID cards or fill out any requisition forms to exchange their Rs 2000 currency notes.
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Bahujan Samaj Party chief Mayawati was commenting on the Reserve Bank of India announcing withdrawal of Rs 2,000 currency notes from circulation
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Speaking to the reporters, Raj Thackeray said, "I had said this at that time as well. If someone takes a decision with proper thought then this won't happen
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According to former AIADMK Lok Sabha MP K.C. Palanisamy there are also possibilities of the Lok Sabha elections being held in October/November this year.
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Chandrababu Naidu feels that the move will help check distribution of money among voters to a large extent
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According to the new guidelines the notes which are already in circulation will be considered valid untill September 30 and there won't any printing of fresh notes