RBI Update: Only 1.74% of ₹2,000 Notes Remain in Circulation
The Reserve Bank of India (RBI) has revealed that 98.26% of the ₹2,000 denomination banknotes in circulation have been returned as of May 31, 2025. The note, once introduced post-demonetisation in 2016, is now being gradually withdrawn under the RBI’s Clean Note Policy, though it continues to remain legal tender.The withdrawal process was initiated in May 2023, with facilities available at RBI Issue Offices and India Post to ensure a smooth phase-out.
