The deadline to alternate Rs 2,000 notes has been prolonged
New Delhi:
The final date to alternate Rs 2,000 notes at banks has been prolonged until October 7, the Reserve Financial institution of India (RBI) mentioned in an announcement right now. The RBI mentioned the Rs 2,000 be aware will stay legitimate even after the deadline to alternate ends. The earlier deadline was right now.
Banks will cease accepting Rs 2,000 notes for alternate from Obtober 8. Nevertheless, individuals can until alternate Rs 2,000 notes at 19 places of work of the RBI. The notes may also be despatched by put up to the RBI’s “difficulty places of work” by India Submit.
The RBI mentioned it has acquired Rs 3.42 lakh crore value of Rs 2,000 notes from a complete of Rs 3.56 lakh crore in circulation as on Might 19. This has left solely Rs 0.14 lakh crore value of Rs 2,000 notes in circulation until September 29.
The info reveals 96 per cent of the Rs 2,000 banknotes in circulation as on Might 19 has since been returned.