RBI: Rs 2000 notes worth Rs 5,956 crore still in circulation two years after withdrawal


Daijiworld Media Network- New Delhi

New Delhi, Sep 2: More than two years after the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes, notes worth Rs 5,956 crore are still in circulation, official data revealed on Monday.

The high-value notes were withdrawn from circulation on May 19, 2023, though they continue to remain legal tender. At the time of withdrawal, Rs 2000 banknotes worth Rs 3.56 lakh crore were in circulation. By August 31, 2025, 98.33% of these notes had been returned, leaving only a small fraction unaccounted.

The RBI said exchange and deposit facilities for Rs 2000 notes have been available at its 19 issue offices since May 19, 2023. From October 9, 2023, individuals and entities were also allowed to send Rs 2000 notes through India Post from any post office to RBI issue offices for deposit into their bank accounts.

The 19 issue offices are located in Ahmedabad, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, and Thiruvananthapuram.

  

Top Stories


Leave a Comment

Title: RBI: Rs 2000 notes worth Rs 5,956 crore still in circulation two years after withdrawal



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.