No contemporary provide of two,000 notes in FY21, 500 denomination highest in quantity

The RBI on Thursday stated there was no contemporary provide of Rs 2,000 notes in 2020-21 as within the earlier yr. However, it elevated the provision of Rs 20 notes from 13,390 lakh items in 2019-20 to 38,250 lakh items in 2020-21.
The Reserve Bank final provided 467 lakh Rs 2,000 notes in 2018-19.
Overall provide of notes remained marginally decrease by 0.3 per cent at 2,23,301 lakh items in FY21 towards 2,23,875lakh items the earlier yr, the RBI Annual Report stated.
The indent of banknotes was decrease by 9.7 per cent in FY21 than that of a yr in the past. Last fiscal, the indent and provide of cash have been decrease by 11.8 per cent and 4.7 per cent, respectively, from their ranges within the earlier yr.
The worth and quantity of banknotes in circulation elevated by 16.8 per cent and seven.2 per cent, respectively, throughout 2020-21 as towards an increase of 14.7 per cent and 6.6 per cent, respectively, seen throughout 2019-20.
In worth phrases, the share of Rs 500 and Rs 2,000 banknotes collectively accounted for 85.7 per cent of the entire worth of banknotes in circulation as on March 31, 2021, as towards 83.4 per cent as on March 31, 2020.
In quantity phrases, Rs 500 denomination constituted the best share at 31.1 per cent, adopted by Rs 10 denomination banknotes which constituted 23.6 per cent of the entire banknotes in circulation as on March 31, 2021.
The share of Rs 500 denomination banknotes within the whole quantity of banknotes confirmed a rising pattern from 25.4 per cent as on March 31, 2020 to 31.1 per cent as on March 31, 2021.