Rs 12000 Cr Worth Rs 2000 Notes Yet to be Returned

New Delhi: Reserve Bank Governor Shaktikanta Das on Friday said Rs 12,000 crore of the Rs 3.56 lakh-crore worth of Rs 2,000 notes in circulation as on May 19, 2023, haven’t yet been returned back.

The central bank has extended the deadline for return of the Rs 2000 notes till October 7.

On last Saturday, the RBI had said that Rs 3.42 lakh-crore of notes had been received back as of September 29, and Rs 14,000 crore was yet to come back. The central bank had also extended the deadline for return of the notes by a week.

Das said the RBI wants to “emphatically” focus on the 4 per cent headline inflation target, and till the price rise number does not get down, the monetary policy will be “actively disinflationary”.