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The RBI Annual Report reveals that almost all demonetized notes have been returned to the central bank. This number does not include the old notes with District Central Cooperative Banks for the short window when they were allowed to accept deposits. It also does not include the notes within Nepal. The shortfall of Rs 16,050 crore between the notes in circulation when the notes were demonetized and those that were returned, could therefore also be made up once these notes are returned to the RBI.
It should come as no surprise that almost all the notes have been returned, including the sock of black money held as cash. To the extent that it was possible to exchange money legally, individual did so. When cash limits for withdrawal made it difficult , friend and families participated. The inconvenience of long queues was overcome by household staff. A private company offered booking of "chhotus", who would stand in long queues for people for Rs 90 an hour until their turn came. Bank employees were averse to being unhelpful to regular customers and found ways to serve them. Innumerable anecdotes, media reports and arrests of bank staff tell stories about how this was done all over the country.