Rs 2000 notes worth Rs 6266 cr still in circulation after withdrawal 2 years ago

The high value Rs 2000 notes worth Rs 6,266 crore are still in circulation after two years of the Reserve Bank withdrawing the currency, according to official data.

The Rs 2000 banknotes continue to be legal tender.

On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of



Rs 2000 denomination banknotes from circulation.

In a statement on Friday, the RBI said the total value of Rs 2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal was announced, declined to Rs 6,266 crore at the close of business on April 30, 2025.