RBI says Rs 2,000 notes totalling Rs 9,760 cr still with public
Mumbai (PTI): The Reserve Bank of India (RBI) on Friday said nearly 97.26 per cent of the Rs 2,000 bank notes have been returned to the banking system, and only about Rs 9,760 crore worth of the notes are still with the public.
On May 19, the RBI announced the withdrawal of Rs 2,000 denomination bank notes from circulation.
"The total value of Rs 2,000 bank notes in circulation, which amounted to Rs 3.56 lakh crore as at the close of business on May 19, 2023 when the withdrawal of Rs 2,000 bank notes was announced, has declined to Rs 9,760 crore as at the close of business on November 30, 2023," the RBI said in a statement.
Thus, 97.26 per cent of the high-value currency in circulation as on May 19, 2023, has since been returned to the banking system, it added.
"The Rs 2,000 bank notes continue to be legal tender," the RBI added.
People can deposit and/or exchange Rs 2,000 bank notes at the 19 RBI offices across the country. People can also send Rs 2,000 bank notes through India Post from any post office, to any of the RBI Issue Offices for credit to their bank accounts in India.
Public and entities holding such notes were initially asked to either exchange or deposit them in bank accounts by September 30. The deadline was later extended to October 7. Both deposit and exchange services at bank branches were discontinued on October 7.
Starting October 8, individuals have been provided with the choice of either exchanging the currency or having the equivalent sum credited to their bank accounts at the 19 offices of the RBI.
Meanwhile, queues are being witnessed during the working hours at the RBI offices for exchange/deposit of Rs 2,000 notes. The 19 RBI offices depositing/exchanging the bank notes are in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram.
The Rs 2,000 bank notes were introduced in November 2016 following demonetisation of the then prevailing Rs 1,000 and Rs 500 bank notes.
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Grenade attack on Punjab YouTuber's house: Army jawan held for training main accused
Chandigarh, Apr 17 (PTI) An Army jawan posted in Jammu and Kashmir has been arrested for allegedly imparting online training to the man who hurled a grenade at the residence of a Jalandhar-based YouTuber last month, Punjab Police said on Thursday.
A court in Jalandhar sent the jawan, Sukhcharan Singh, to five-day police remand, police officials said.
The main accused, Hardik Kamboj, hurled the hand grenade at the house of YouTuber Rozer Sandhu on the intervening night of March 15 and 16. However, the grenade did not explode.
During the course of investigation, it came to light that Singh provided online training to Kamboj on throwing the grenade at the residence of the YouTuber, said Senior Superintendent of Police (Jalandhar Rural) Harvinder Singh Virk.
Singh came in contact with Kamboj through social media platform Instagram, police said.
Singh, who hails from Muktsar district, was named in the FIR and an arrest warrant was secured from a court, the SSP said.
Police said they apprised the Army authorities about Singh's role in the matter.
A court in Jalandhar sent Singh to five-day police remand. Further investigation in the matter is underway, they said.
Police have so far arrested nine people, including Kamboj, in this case.
Pakistani gangster Shahzad Bhatti claimed responsibility for the attack at Sandhu's house over his use of alleged derogatory language against the Muslim community.
There have been many explosions targeting police posts in Amritsar and Gurdaspur in the past four to five months.
Last month, a blast occurred outside a temple in Amritsar.
A grenade blast took place at the residence of BJP leader Manoranjan Kalia in Jalandhar on April 8 but no one was hurt.
