98.21% of ₹ 2000 notes returns, says RBI

Listen to this article
The Reserve Bank of India (RBI) has said that 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023 has been returned.
The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹6,366 crore at the close of business on March 31, 2025.
Thus, 98.21% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned.
The ₹2000 banknotes continue to be legal tender, the RBI said.

Latest

Reliance Consumer ties up with Fazer of Finland

Reliance Consumer Products Limited (RCPL), the FMCG arm of...

Ashok Leyland is the official sponsor of Chennai Super Kings

“This partnership continues the long-standing association between CSK and...

US grants 30-day waiver to India to purchase Russian oil

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Newsletter

Don't miss

Reliance Consumer ties up with Fazer of Finland

Reliance Consumer Products Limited (RCPL), the FMCG arm of...

Ashok Leyland is the official sponsor of Chennai Super Kings

“This partnership continues the long-standing association between CSK and...

US grants 30-day waiver to India to purchase Russian oil

To enable oil to keep flowing into the global...

West Asia Conflict: A look at potential sectoral impact

Energy: A majority of energy is transported through the Strait...

Somany Ceramics says supplier restricts gas supply amid Middle East conflict

Accordingly, SGL has informed that the Daily Contracted Quantity...

Reliance Consumer ties up with Fazer of Finland

Reliance Consumer Products Limited (RCPL), the FMCG arm of Reliance Industries Limited, has signed a memorandum of understanding (MoU) with   Fazer, a leading foods company...

Ashok Leyland is the official sponsor of Chennai Super Kings

“This partnership continues the long-standing association between CSK and the Hinduja Group, building on the successful collaboration with Gulf Oil, another group company, forover...

US grants 30-day waiver to India to purchase Russian oil

To enable oil to keep flowing into the global market, the Treasury Department is issuing a temporary 30-day waiver to allow Indian refiners to...