RBI Reports 98.21% Return of ₹2000 Banknotes, Confirms Continued Legal Tender Status

Unknown Apr 02, 2026 1,500 Views

The Reserve Bank of India (RBI) has provided an update on the withdrawal of ₹2000 denomination banknotes, revealing that 98.21% of the notes in circulation have been returned since the withdrawal announcement in May 2023. Despite the phase-out, the ₹2000 banknotes remain legal tender, and the RBI...