After today, Rs 2000 notes will not be able to be exchanged in banks, RBI gave big information
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Two thousand rupee notes have been demonetized by the Central Government. But if you currently have a Rs 2,000 note, then today is the last chance to exchange it and deposit it in your account, i.e. on 7th October. Two thousand rupee notes will no longer be exchanged in banks after October 7. Two thousand rupee notes will not be accepted in banks.
According to the information, the facility to exchange Rs 2000 notes will be available in 19 regional offices of RBI. Those people who will not be able to go to these regional offices to exchange notes will be able to exchange notes through post. Even now a large quantity of Rs 2,000 notes are circulating in the market.
Reserve Bank gave information
Reserve Bank of India Governor Shaktikanta Das said that ₹ 2000 notes, which were withdrawn from circulation some time ago, have returned to the banks. He told that about 87% of the notes have been deposited by the public in the banks. The remaining percentage is replaced by notes of other denominations. Addressing a press conference after the announcement of the bi-monthly monetary policy review, Das said that out of the Rs 3.56 lakh crore of Rs 2,000 notes in circulation till May 19, 2023, Rs 12,000 crore have still not been returned.
Let us tell you that earlier on Saturday, RBI had informed that till September 29, notes worth about Rs 3.42 lakh crore have been returned to the banks, while notes worth Rs 14,000 crore are still to be returned. The central bank had also extended the deadline for returning the notes by a week. Das said the RBI wants to focus “strongly” on the target of bringing inflation down to four per cent. Until price rises subside, monetary policy will continue to work on controlling inflation.
Das said that as the government’s banker, the RBI has no concerns about the finances of the central government. Deputy Governor J. Swaminathan said “external” credit growth of 33 per cent against overall credit growth of 13-14 per cent has prompted the RBI to pay attention to the issue of personal loans and take steps to insulate banks from any risk. Did. Das asked investors to “explore the potential for distress” and take appropriate action. The governor said that if the unaudited results are looked at, gross non-performing assets (NPAs) have improved in the June quarter.
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