Government's huge announcement on 2000 rupee be aware, know what’s the matter

by Jeremy Spirogis
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New Delhi. Rumors have surfaced many instances relating to the 2000 rupee be aware launched after the demonetisation in 2016. The authorities has to make clear these rumors repeatedly. The authorities has already clarified a number of instances on the rumor of the demise of the 2000 rupee be aware. In this case, the federal government has as soon as once more responded. Amidst rumors of excessive denomination by the central authorities, Minister of State for Finance Anurag Thakur has mentioned that the federal government has no plans to withdraw Rs 2,000 notes. He additionally mentioned that 2000 rupee notes are additionally popping out of the ATMs of many banks. In truth, in the previous couple of days, some banks have stopped placing 2000 rupee notes in ATMs. <! –

                 It is due to this that prospects attain the financial institution department to open 2000 rupee notes. Instead of 2000 rupees, these banks began placing 200 and 500 rupee notes in ATMs.

– You won’t be able to withdraw 2000 rupee notes from ATM, know which financial institution took this step

2000 rupee notes will probably be printed

Anurag Thakur has additionally clarified that no determination has been taken on stopping printing of 2000 rupee notes. Thakur was replying to a query in Parliament on whether or not the federal government has stopped printing of latest Rs 2000 notes. They had been additionally requested if public sector banks had issued any round to cease the circulation of Rs 2,000 notes by ATMs. For the previous couple of months, there have been speculations that the federal government may plan to take it out of circulation as low 2000 rupee notes appeared available in the market.

2000 notes of Rs 7.40 lakh crore printed

Thakur additionally advised that until this time, Rs 2000 notes value Rs 7.40 lakh crore have been printed. Of this, Rs 2000 notes value Rs 5.49 lakh crore are in circulation, whereas Rs 0.93 lakh crore notes are with banks. He mentioned that in an effort to keep a combination of all of the notes as per the demand of the general public, the federal government prints notes of a particular worth solely after consulting with the RBI.

How many notes are there for which worth

Thakur has advised that 1962.four crore notes of 100 rupees are in circulation, that are value 1.96 lakh crore rupees. At the identical time, 855.6 crore notes of 50 rupees are in circulation, that are value 42,784.20 crores. Apart from this, Rs 16,619.60 crore of 20 rupees and Rs 30,510.79 crore rupees of 10 rupees are in circulation. As far because the 2000 rupee notes are involved, it was tough for banks to change 2000 rupee notes, as a consequence of which SBI and Indian Bank began placing 500 and 200 rupee notes in ATMs.

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