₹2,000 notes value ₹6,181 crore nonetheless in circulation: RBI-OxBig News Network

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The high-value ₹2,000 notes value ₹6,181 crore are nonetheless in circulation after two years of the Reserve Bank withdrawing the foreign money, in keeping with official knowledge launched on Monday (June 2, 2025).

The ₹2,000 banknotes proceed to be authorized tender.

On May 19, 2023, the Reserve Bank of India (RBI) introduced the withdrawal of ₹2,000 denomination banknotes from circulation.

In an announcement, the RBI stated, “The total value of ₹2,000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, declined to ₹6,181 crore at the close of business on May 31, 2025.”

“Thus, 98.26% of the ₹2,000 banknotes in circulation as on May 19, 2023, has since been returned,” the central financial institution stated.

The facility for deposit and/or trade of such banknotes was out there in any respect financial institution branches until October 7, 2023. However, this facility continues to be out there on the 19 concern places of work of the Reserve Bank.

Since October 9, 2023, RBI concern places of work are additionally accepting ₹2,000 banknotes from people and entities for deposit into their financial institution accounts.

Further, folks also can ship ₹2,000 banknotes by India Post from any publish workplace inside the nation to any of the RBI concern places of work for credit score to their financial institution accounts.