Monday, August 4, 2025

Creating liberating content

Top stocks to buy (AI image) Stock market recommendations: According

Mumbai: The less, the merrier – that’s the mantra in

Mumbai: The country’s oldest bad loan company, IPO-bound Arcil (Asset

Mumbai: Layoffs in India’s IT sector is bad news for

Related News

Top stocks to buy (AI image) Stock market recommendations: According to Motilal Oswal Financial Services Ltd, the top stock picks for the week (starting August 4, 2025) are Suzlon, and

Mumbai: The less, the merrier – that’s the mantra in the startup and venture capital space, where there’s an increasing shift towards building smaller teams. More investors are now also

Mumbai: The country’s oldest bad loan company, IPO-bound Arcil (Asset Reconstruction Company of India) , gives an insight into the future of loan recovery for retail loans in its offer

Mumbai: Layoffs in India’s IT sector is bad news for consumption. After IT giant TCS announced cutting more than 12,000 jobs, a spectre of uncertainty looms over the sector with

NEW DELHI: Amid a clamour for succour after Trump’s tariff announcement, govt has ruled out demands for subsidy, but suggested it is open to “innovative ways” to help industry beat

New Delhi: Mahindra & Mahindra plans to manage rare earth magnet supplies through alternative sourcing channels for the next nine months and will pursue ‘engineering efforts’ to address the raw

Trending News

JSW Cement, the building materials arm of Sajjan Jindal-led JSW Group, has reduced the size of its upcoming initial public offering (IPO) to Rs 3,600 crore and will open the

The agricultural Gross Value Added (GVA) growth is expected to moderate to 4.5% in the first quarter of FY26, down from 5.4% in the preceding quarter, according to a report

Foreign portfolio investors (FPIs) turned net sellers in the Indian equity market in July, pulling out Rs 17,741 crore amid rising global trade tensions. According to data from NSDL, this

Avenue Capital Group-backed Asset Reconstruction Company (India) Ltd (ARCIL) has filed its draft red herring prospectus (DRHP) with markets regulator Sebi on Friday to raise funds through an initial public

Russia-backed Nayara Energy looks at India’s state-run oil companies to offload petrol, diesel exports Nayara Energy has approached Indian state-run oil marketing companies (OMCs) to offload its export volumes of

US President Donald Trump on Saturday claimed that he had “heard” reports of India halting Russian oil imports, hailing it as a “good step”. “I understand that India is no

Rs 2000 notes worth Rs 6,181 crore still in circulation after two years of withdrawal, says RBI

Word Count: 509 | Estimated Reading Time: 3 minutes


Rs 2000 notes worth Rs 6,181 crore still in circulation after two years of withdrawal, says RBI

NEW DELHI: The 2000-rupee notes worth Rs 6,181 crore still remain in circulation after two years of withdrawal, official Reserve Bank of India data released on Monday said.“Thus, 98.26% of the Rs 2000 banknotes in circulation as on May 19, 2023, has since been returned,” the central bank said.The Reserve Bank of India RBI announced the withdrawal of Rs 2000 denomination banknotes from circulation on May 19, 2023. Since then, their presence in the economy has seen a sharp decline—from Rs 3.56 lakh crore in circulation on the day of the announcement to just Rs 6,181 crore as of May 31, 2025, according to the RBI.However, they continue to be a legal tender. The option to deposit or exchange Rs 2000 banknotes at bank branches was available until October 7, 2023. After that date, the facility remains accessible exclusively at the Reserve Bank’s 19 issue offices.Starting October 9, 2023, RBI issue offices have been accepting Rs 2000 banknotes from individuals and entities for direct deposit into their bank accounts. Additionally, people can mail Rs 2000 notes from any post office across India to an RBI issue office for the amount to be credited to their accounts.





Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account