The Reserve Bank of India (RBI) has announced that approximately 97.26% of the Rs 2,000 banknotes, amounting to around Rs 9,760 crore, have been returned to the banking system. The withdrawal of the Rs 2,000 denomination banknotes was declared on May 19, with the total value in circulation dropping from Rs 3.56 lakh crore on that date to the current amount.
