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Rs 2000 note withdrawal: 88% notes returned to banking system, says RBI

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Content Team
Image Credit: ANI

About 88 per cent of the Rs 2000 banknotes have returned to the banking system since the Reserve Bank of India (RBI) in May decided to withdraw the high-value note from circulation, the central bank said in a release Tuesday. The Rs 2000 banknotes in circulation as on July 31 stood at Rs 0.42 lakh crore, RBI said.