Mumbai, Oct 2: The Reserve Bank on Saturday extended the special drive to withdraw Rs 2,000 bank notes from the system by another week, till October 7.
The central bank said ever since it announced the move to withdraw Rs 2,000 notes on May 19, Rs 3.42 lakh crore of such notes have been received into the system either by deposition into bank accounts or exchanging, from the public.
The currency returned is 96 per cent of the Rs 2,000 bank notes in circulation as on May 19, the Reserve Bank said in a statement, adding only Rs 14,000 crore of such notes are in circulation now.