The Reserve Bank of India (RBI) has announced that 98.47% of the ₹2,000 banknotes withdrawn from circulation in May 2023 have been returned to the banking system. Despite the withdrawal, the ₹2,000 note continues to remain legal tender, meaning it is still valid for transactions and can be exchanged or deposited through designated RBI facilities.
The Reserve Bank of India (RBI) has announced that 98.47% of the ₹2,000 banknotes withdrawn from circulation in May 2023 have been returned to the banking system. Despite the withdrawal, the ₹2,000 note continues to remain legal tender, meaning it is still valid for transactions and can be exchanged or deposited through designated RBI facilities.
