RBI says INR 1 bln of withdrawn INR 2,000 notes returned in April
This story was originally published at 13:50 IST on 2 May 2025
Register to read our real-time news.Informist, Friday, May. 2, 2025
MUMBAI – The Reserve Bank of India got back INR 1 billion of the withdrawn INR 2,000 currency notes in April, the central bank said Friday. As such, the total value of INR 2,000 banknotes in circulation has now declined to INR 62.66 billion as of Wednesday, with 98.24% of the notes out of circulation, the RBI said.
In March, the central bank got back INR 1.05 billion of the INR 2,000 notes, which were withdrawn in May 2023. The value of INR 2,000 notes in circulation was INR 3.56 trillion when the RBI announced their withdrawal.
Currently, the facility to deposit or exchange the withdrawn note is only open at the RBI's 19 issue offices. The INR 2,000 currency note continues to be a legal tender, the RBI said. End
Reported by Christina Titus
Edited by Ashish Shirke
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd by NSE Data & Analytics Ltd, a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
Share this Story:
