2000 Currency Notes- On May 19, the Reserve Bank of India announced the withdrawal of 2000 rupee notes from circulation. These notes are still valid and can be deposited or exchanged in banks till 30 September 2023.
Rs. 2000 Note Holder Alert: Most of the currency notes of Rs 2,000 have now returned to the banks. According to the Reserve Bank of India, till July 31, Rs 2,000 notes worth Rs 3.14 lakh crore were deposited or exchanged with banks. Out of the total notes issued in the market, 88 percent have come back to the banks. The special thing is that instead of the common man, the businessman is depositing and exchanging more Rs 2,000 notes. This has come to the fore from the figures of Rs 2,000 notes received in three banks of the country. Instead of depositing the notes in the banks, the common man got them exchanged more.
2000 notes received so far
According to a Moneycontrol report, on May 19 this year, the Reserve Bank of India announced the withdrawal of Rs 2,000 currency notes. Of the total Rs 2000 notes received by banks, 87 per cent came through deposits, while 13 per cent came through exchanges. The country’s largest bank SBI has received the maximum number of Rs 2,000 notes. Notes worth Rs 14,000 crore have been deposited in SBI.
58 percent traders deposited notes
Rs 2,000 notes worth Rs 3,589 crore have been deposited or exchanged in the Indian Overseas Bank (IOB). IOB MD and CEO Ajay Srivastava said that 40 per cent of the notes we have come from the business. Small traders have more stake in this. Similarly, UCO Bank has said that it has received Rs 2,000 notes worth Rs 3,471 crore till July 31. The bank’s MD and CEO Ashwani Kumar said that we have received 42 per cent of Rs 2,000 notes from the common man, while 58 per cent have been deposited or exchanged by merchants.
Rs 2000 notes worth Rs 380 crore have been deposited or exchanged in City Union Bank. A senior official of the bank said on condition of anonymity that the bank has received about 90 per cent of the Rs 2,000 notes from businesses. A senior official of another government bank, on the condition of anonymity, said that most of the Rs 2,000 notes were deposited by businessmen.
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