RBI had only ?4.94 lakh crore in ?2,000 notes on Nov 8
On the day Prime Minister Narendra Modi announced demonetisation, the RBI had only ?4.94 lakh crore in 2,000 rupee notes, which was approximately one-fourth of what it had in demonetised notes. An RTI response to a Mumbai-based activist further revealed that on November 8, the RBI had ?9.13 lakh crore in ?1,000 notes and ?11.38 lakh crore in ?500 notes.