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What is Status of ₹2000 Note Withdrawal about?

The Reserve Bank of India (RBI) announced the withdrawal of ₹2000 banknotes from circulation, with the last update on January 01, 2025. As of January 31, 2025, 98.15% of the ₹2000 banknotes have been returned, with the total value declining from ₹3.56 lakh crore to ₹6,577 crore. The ₹2000 banknotes remain legal tender and can still be exchanged or deposited at RBI Issue Offices and through India Post.

Author

Gvs Kumar

Language

EN