On November 8, RBI had only Rs 4.94 lakh crore in Rs 2,000 notes: RTI | business-news | Hindustan Times
Today in New Delhi, India
Oct 17, 2017-Tuesday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

On November 8, RBI had only Rs 4.94 lakh crore in Rs 2,000 notes: RTI

The RBI says it had 2,473 million notes of Rs 2,000 value on November 8 which totally amounted to over Rs 4.94 lakh crore.

business Updated: Dec 19, 2016 18:54 IST
The RBI says it had 2,473 million notes of Rs 2,000 value on November 8 which totally amounted to over Rs 4.94 lakh crore.
The RBI says it had 2,473 million notes of Rs 2,000 value on November 8 which totally amounted to over Rs 4.94 lakh crore. (Sonu Mehta/Hindustan Times)

On the day Prime Minister Narendra Modi announced the scrapping of Rs 1,000 and Rs 500 notes, the Reserve Bank of India had only Rs 4.94 lakh crore in Rs 2,000 notes - approximately one-fourth of over Rs 20 lakh crore it had in demonetised currency notes.

An RTI response to Mumbai-based activist Anil Galgali from Reserve Bank of India says on November 8, it had Rs 9.13 lakh crore in 1,000 rupee notes while Rs 11.38 lakh crore in 500 rupee notes.

The RBI says it had 2,473 million notes of Rs 2,000 value on November 8 which totally amounted to over Rs 4.94 lakh crore.