RBI Update Only 1.74% of ₹2,000 Notes Remain in Circulation
In a major update to India’s currency management, 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 The note, once introduced post-demonetisation in 2016, is now being gradually withdrawn under the RBI’s Clean Note Policy, though it continues to remain legal tender.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 RBI, on June 3, 2025, announced that only ₹6,181 crore worth of ₹2,000 notes remain in circulation out of the original ₹3.56 lakh crore as of May 19, 2023. The withdrawal process was initiated in May 2023, with facilities available at RBI Issue Offices and India Post to ensure a smooth phase-out.
Public can still,
| Summary/Static | Details |
| Why in the news? | RBI Update: Only 1.74% of ₹2,000 Notes Remain in Circulation |
| Initiative | Withdrawal of ₹2,000 denomination notes |
| Launched by | Reserve Bank of India (RBI) |
| Returned Notes | 98.26% (₹3.56 lakh crore → ₹6,181 crore) |
| Status of Remaining Notes | Still legal tender |
| Reasons for Withdrawal | Low usage, nearing end of life, Clean Note Policy |
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