The Reserve Bank of India (RBI) has reported the receipt of ₹3.43 trillion (USD1 = INR83.206) from the recently withdrawn ₹2,000 notes as of Tuesday. The majority of these notes, constituting 87%, were deposited into bank accounts, while the remainder were exchanged over the counter.
Despite their withdrawal, these ₹2,000 notes remain legal tender and can be deposited at any of the RBI's 19 offices across the country. The central bank started accepting these deposits from Saturday, October 8.
Initially, the deadline for depositing or exchanging these notes was set for September 30. However, in an accommodating move by the RBI, this deadline was extended to Saturday, October 7. This extension provided additional time for holders of these notes to either deposit them into their bank accounts or exchange them over the counter at RBI offices.
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