Rs 2000 banknotes: 97.92 pc returned; Rs 7,409 cr worth notes still with public

The Reserve Bank of India (RBI) announced that 97.92 per cent of the Rs 2000 denomination banknotes have returned to the banking system, with only Rs 7,409 crore worth of these notes still with the public. This announcement follows the RBI's decision on May 19, 2023, to withdraw Rs 2000 denomination banknotes from circulation.