Highlights

  • 3.43 lakh crore worth of ₹2000 notes have been returned and 12,000 crore is remaining
  • Of what has been returned, about 87% has come back as bank deposits
  • Deadline to exchange / deposits ₹2000 notes is October 7th

Latest news

RBI focuses on expanding UPI for cross-border payments

RBI focuses on expanding UPI for cross-border payments

Fardeen Khan's cinematic return: eyeing Bollywood & South

Fardeen Khan's cinematic return: eyeing Bollywood & South

Maharashtra CM advocates lawful approach to Aurangzeb Tomb Issue

Maharashtra CM advocates lawful approach to Aurangzeb Tomb Issue

Controversy & Triumph: India's glory in Champions Trophy 2025

Controversy & Triumph: India's glory in Champions Trophy 2025

India imposes anti-dumping duty on Trichloroisocyanuric Acid imports

India imposes anti-dumping duty on Trichloroisocyanuric Acid imports

Rohit Sharma dispels ODI retirement rumors post champions trophy win

Rohit Sharma dispels ODI retirement rumors post champions trophy win

Modi's Mauritius Visit: New chapter in India-Mauritius relations

Modi's Mauritius Visit: New chapter in India-Mauritius relations

Shiv Sena's Rajpurohit detained for extortion allegations

Shiv Sena's Rajpurohit detained for extortion allegations

₹2,000 notes: Will you be able to exchange or deposit notes after Oct 7? RBI governor explains

The Reserve Bank on 30th Sep extended the deadline to exchange or withdraw Rs 2,000 bank notes until October 7. 

₹2,000 notes: Will you be able to exchange or deposit notes after Oct 7? RBI governor explains

The extended deadline to exchange or deposit ₹2000 notes is just a day away. But if you're worried about missing the deadline of 7th October, then there's some good news for you.

RBI governor on 2000 notes exchange or deposit after October 7

RBI governor has clarified that even after the deadline, ₹2000 notes can be exchanged or deposited in the Reserve Bank issue offices. There are 19 such RBI issue offices in various state capitals. Not just that, if you don't live in one of these 19 cities you can also use the postal department to send the notes to the RBI.

During the post credit policy press conference, the governor also pointed out that so far about 3.43 lakh crore worth of ₹2000 notes have been returned and about 12,000 crore is remaining. Of what has been returned, about 87% has come back as bank deposits.

The RBI had extended the special drive to withdraw Rs 2,000 bank notes from the system by an extra week from September 30th till October 7th. RBI had announced withdrawal of ₹2000 rupee notes on the 19th of May.

RBI Credit Policy October 2023

For the fourth time in a row, the RBI Monetary Policy Committee has kept the repo rate unchanged at 6.5%. During the credit policy announcement, RBI governor Shaktikanta Das cautioned on the need to remain vigilant towards inflation.

RBI's GDP growth forecast and inflation forecast for FY24 has been retained at 6.5% and 5.4% respectively.

Also watch: RBI Credit Policy decision

ADVERTISEMENT

Up Next

₹2,000 notes: Will you be able to exchange or deposit notes after Oct 7? RBI governor explains

₹2,000 notes: Will you be able to exchange or deposit notes after Oct 7? RBI governor explains

Global stock market indices: How the world markets performed today - 07 March 2025

Global stock market indices: How the world markets performed today - 07 March 2025

Indian stock market sector-wise performance today - March 10, 2025

Indian stock market sector-wise performance today - March 10, 2025

Top 5 Nifty 50 gainers today – March 10, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 10, 2025: Biggest stock moves

NSE Nifty 50: Top 5 stock losers of March 10, 2025

NSE Nifty 50: Top 5 stock losers of March 10, 2025

Indian stock market sector-wise performance today - March 07, 2025

Indian stock market sector-wise performance today - March 07, 2025

ADVERTISEMENT

editorji-whatsApp

More videos

NSE Nifty 50: Top 5 stock losers of March 07, 2025

NSE Nifty 50: Top 5 stock losers of March 07, 2025

Top 5 Nifty 50 gainers today – March 07, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 07, 2025: Biggest stock moves

Global stock market indices: How the world markets performed today - 06 March 2025

Global stock market indices: How the world markets performed today - 06 March 2025

Indian stock market sector-wise performance today - March 06, 2025

Indian stock market sector-wise performance today - March 06, 2025

Top 5 Nifty 50 gainers today – March 06, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 06, 2025: Biggest stock moves

NSE Nifty 50: Top 5 stock losers of March 06, 2025

NSE Nifty 50: Top 5 stock losers of March 06, 2025

Global stock market indices: How the world markets performed today - 05 March 2025

Global stock market indices: How the world markets performed today - 05 March 2025

Indian stock market sector-wise performance today - March 05, 2025

Indian stock market sector-wise performance today - March 05, 2025

Top 5 Nifty 50 gainers today – March 05, 2025: Biggest stock moves

Top 5 Nifty 50 gainers today – March 05, 2025: Biggest stock moves

NSE Nifty 50: Top 5 stock losers of March 05, 2025

NSE Nifty 50: Top 5 stock losers of March 05, 2025

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.