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Rs 12,000 crore of Rs 2,000 notes yet to return: RBI Guv

RBI Governor Shaktikanta Das said Rs 12,000 crore of the Rs 3.56 lakh crore worth of Rs 2,000 notes in circulation as on May 19, 2023 are yet to come back.

The Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday said 87% of the Rs 2,000 denomination notes, which are being withdrawn, have returned as deposits into banks. 

Das said Rs 12,000 crore of the Rs 3.56 lakh crore worth of Rs 2,000 notes in circulation as on May 19, 2023 are yet to come back.

Last on Saturday, the RBI had said that Rs 3.42 lakh crore of notes had been received back as of September 29, and Rs 14,000 crore was yet to come back. The central bank had also extended the deadline for return of the notes by a week.