Rs 2000 Notes

People rush to petrol pumps to exchange currency after RBI announces scrapping of Rs 2000 notes

The total value of such banknotes in circulation has declined from Rs 6.73 lakh crore at its peak as on March 31, 2018 (37.3 per cent of notes in circulation) to Rs 3.62 lakh crore constituting only 10.8 per cent of notes in circulation as on March 31, 2023.

India scraps the Rs 2000 note: Will this affect the economy?

The Rs 2000 note will remain legal tender but citizens have been asked to deposit or exchange these notes by 30 September. Analysts say this time the move is expected to be less disruptive as a lower value of notes is being withdrawn over a longer period of time

Right Word | Withdrawal of Rs 2,000 currency notes is a death blow to narco-terror nexus

The withdrawal of Rs 2,000 notes has come as a major setback to anti-India forces as their financial life line has been crushed with this decision

RBI to withdraw Rs 2,000 notes from circulation: All you need to know

The public can deposit Rs 2,000 notes into their bank accounts or exchange them for notes of other denominations at any bank branch from 23 May

Three years after demonetisation, Rs 2,000 currency note loses sheen; banks to eject them completely from ATMs in a year

Though the efforts are underway to recalibrate about 240,000 ATMs to replace Rs 2,000 notes with Rs 500 notes, the high-value notes may not be withdrawn immediately .

PSB instructs officials to restrict circulation of Rs 2,000 notes, urges customers not to panic as no curbs on accepting

After issuing the directive to restrict the circulation of Rs 2,000 notes, senior officials of the PSB reportedly called branch managers to confirm that it was being executed immediately.

No currency notes of Rs 2,000 denomination printed this financial year, says RBI in response to RTI enquiry

The circulation of Rs 2,000 currency notes may not serve the purpose of the government as this high-value currency notes are easier to use for illegal purposes, media reports said.

RBI stops printing Rs 2,000 notes; govt believes high denomination currency being used for hoarding, tax evasion

The Rs 2,000 banknote is likely to be phased out from the circulation gradually

No proposal to withdraw Rs 2,000 notes: Government informs Lok Sabha

RBI introduced Rs 2,000 notes following demonetisation of high-value Rs 500 and Rs 1,000 notes in November 2016

Cash crunch: How the Narendra Modi government and RBI imposed a currency crisis on Indians post demonetisation

Post demonetisation, the growth in currency in circulation has not kept up with the growth in India's nominal GDP.