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27% of Rs 2,000 notes pulled back from circulation; printing stopped


27% of Rs 2,000 notes pulled back from circulation; printing stopped
In value terms, the share of Rs 500 and Rs 2,000 banknotes together accounted for 85.7 per cent of the total value of banknotes in circulation as of March 31, 2021 as against 83.4 per cent as on March 31, 2020
Anand Adhikari | May 27, 2021 | Updated 16:48 IST
There is a decline of 9,120 lakh rS 2,000 notes with a total value of Rs 1.82 lakh crore
After demonetisation, the Reserve Bank of  India (RBI) had issued high-value Rs 2,000 notes, which reached a peak of 33,630 lakh notes during 2017-18 with a value of Rs 6.72 lakh crore. But only 24,510 lakh Rs 2,000 notes with a value of Rs 4.90 lakh crore were in the system as of March. ....

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Rs 2000 notes to discontinue? Here's what Minister said in Parliament


Rs 2000 notes to discontinue? Here s what Minister said in Parliament
Anurag Thakur, the Minister of State for finance on Monday said that 2000-rupee notes were not sent to the printing press in 2019-20 and 2020-2021.
File photo
Updated: Mar 15, 2021, 10:33 PM IST
The Finance Ministry on Monday said that Rs 2000 notes have not been printed in the last two years. The ministry was answering a question on why the currency notes introduced after demonetization in 2016 were hardly in circulation now.
Anurag Thakur, the Minister of State for finance on Monday (March 15) while speaking in the Lok Sabha said that 2000-rupee notes were not sent to the printing press in 2019-20 and 2020-21. ....

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Rs 2,000 notes not printed in last 2 years: Govt in Lok Sabha


Rs 2,000 notes not printed in last 2 years: Govt in Lok Sabha
By PTI|   Updated: 15th March 2021 7:13 pm IST
New Delhi: Rs 2,000 currency notes have not been printed in the last two years even as the quantum of India’s highest denomination currency note has come down, the Lok Sabha was informed Monday.
In a written reply, Minister of State for Finance Anurag Singh Thakur said 3,362 million currency notes of Rs 2000 denomination were in circulation on March 30, 2018, constituting 3.27 per cent and 37.26 per cent of the currency in terms of volume and trade respectively.
As of February 26, 2021, 2,499 million pieces of Rs 2,000 notes were in circulation, constituting 2.01 per cent and 17.78 per cent of banknotes in terms of volume and value, respectively. ....

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