RBI slow on Rs 2,000 notes, holding back Rs 2.6 lakh cr high-value notes

It can be safely assumed that not all of the Rs 2000 and Rs 500 notes printed made way to the public

The Reserve Bank of India (RBI) is going slow in printing of Rs 2,000 notes as the cash situation normalises in the economy.

According to its annual report, as on March 2017, these notes constituted 50.2 per cent of all currency in circulation, of Rs 13.102 lakh crore. 

The ministry of finance told the Lok Sabha that as on December 8, the central bank had printed 16,957 million pieces of Rs 500 notes and 3,654 million pieces of Rs 2,000 notes. The combined value of these was Rs 15.79 lakh crore; all currency in circulation was Rs 16.83 lakh crore.