NEW DELHI, SEPT 30 – The last date to exchange ₹ 2,000 notes at banks has been extended till October 7, the Reserve Bank of India (RBI) said in a statement today. The RBI said the ₹ 2,000 note will remain valid even after the deadline to exchange ends. The previous deadline was today.
Banks will stop accepting ₹ 2,000 notes for exchange from October 8. However, people can till exchange ₹ 2,000 notes at 19 offices of the RBI. The notes can also be sent by post to the RBI’s “issue offices” by India Post.
The RBI said it has received ₹ 3.42 lakh crore worth of ₹ 2,000 notes from a total of ₹ 3.56 lakh crore in circulation as on May 19. This has left only ₹ 0.14 lakh crore worth of ₹ 2,000 notes in circulation till September 29.
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