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The RBI has permitted the exchange of Rs. 2000 notes only through post offices.
Only Rs 7,581 crore worth of the withdrawn notes are still with the public, said the apex bank.
Will keep a tight vigil on infaltion, RBI governor Das said.
This highest-ever dividend payout is expected to provide a much-needed boost to the government's finances.
FY24 loss narrows to Rs 1,422.4 crore
Senior citizens would be eligible for additional 50 basis points on the revised rates.
The trucks coming from Kerala were headed to the regional office of the Reserve Bank of India (RBI) in Hyderabad.
The bank shall continue to provide services to its existing customers, including its credit card customers.
The rate increase cycle was paused in April last year after six consecutive rate hikes aggregating to 250 basis points since May 2022.
PM Modi releases a commemorative coin to mark 90 years of the RBI