Rs 2000 Note

The total value of Rs 2000 banknotes in circulation declined to Rs 7,755 crore at the close of business on May 31, 2024, from Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of Rs 2,000 banknotes was announced

Deposit, exchange of Rs 2000 notes facility not available on April 1, says RBI

The facility will resume on April 2, RBI said in a release.

RBI says 97.62% of Rs 2,000 currency notes have returned to system

The Rs 2,000 banknotes continue to be legal tender, RBI said on Friday

Impact of Rs 2,000 notes withdrawal: Currency-in-circulation growth dips to 3.7% in February

According to the RBI, commercial banks have reported double-digit growth in deposits in January, which too can be attributed to the withdrawal of Rs 2,000 currency notes

Banking Central | Loathed more often than loved, here's a parting note from Rs 2,000 notes

Truth be told, we weren’t supposed to stay around for a long while. We were a stop-gap arrangement to speed up the remonetization of the economy after the 2016 demonetization exercise

RBI says 97.38% of Rs 2,000 currency notes back in system

The Rs 2000 banknotes continue to be legal tender, RBI said in a release.

MC Exclusive: SBI receives over Rs 80,000 crore worth of Rs 2,000 notes, shows RTI

SBI said that of the total amount, Rs 14,079 crore were received as exchange and Rs 66,807 crore through deposits. This accounts for 96 percent of the total Rs 2,000 in circulation since May this year.

MC Investigation| Outside RBI’s Delhi office, middlemen seek Rs 400 cut to exchange Rs 2000 note

The Rs 2000 note had been introduced in 2016 in an effort to rapidly remonetise the economy after Prime Minister Narendra Modi announced that the high-denomination Rs 500 and Rs 1000 notes were being withdrawn as part of the fight against black money.

Last date to exchange Rs 2000 note nears; check this list of bank holidays

As the September 30 deadline to deposit Rs 2000 notes approaches, here's a list of all the bank holidays in August and September.

Middlemen in Mumbai wholesale markets charge commission from retailers for Rs 2,000 payments

According to retail business owners, the middlemen have been facilitating payments through Rs 2,000 notes to wholesalers by charging a commission of Rs 500 to Rs 1,500.

Rs 2,000 Note Exchange Begins: How Did People In Delhi & Mumbai React?

The Reserve Bank of India (RBI) said that people can visit bank branches from May 23 to exchange or deposit their Rs 2,000 notes. So, on the first day of it, Moneycontrol hit the streets of Mumbai and Delhi to find out what people are facing to get their notes exchange. Watch the full report

RBI must adopt well-defined and time-bound guidelines on replacing soiled notes

The withdrawal decision questions RBI’s policy on currency management once again. This is the third decision to withdraw currency notes of specific denominations in less than 10 years

PIL in Delhi HC against exchange of Rs 2000 banknote without requisition slip, identity proof

Lawyer Ashwini Kumar Upadhyay contended in his plea that notifications by RBI and SBI in this regard are arbitrary, irrational and offend Articles 14 of the Constitution of India.

RBI's move to withdraw Rs 2,000 notes to comfort short term rates

The move to take back Rs 2000 note from circulation could provide near-term support to tight deposit conditions, Morgan Stanley said.

The 2000-rupee notes will die unsung

These notes meant little to the general public but their withdrawal is not seen as being a mere administrative exercise

The promise on the currency note 

Why did the government bring in the Rs2000 note in the first place? 

RBI’s Rs 2,000 note withdrawal to have little impact on economy

The wide window for deposit and the lower amount of the high-denomination note in circulation will soften the economic impact, economists say.

Total value of Rs 2,000 notes in circulation down to 10.8% as on March: RBI

The RBI has advised members of the public to deposit Rs 2,000 banknotes into their bank accounts or exchange them for banknotes of other denominations at any bank branch.

RBI to scrap Rs 2,000 notes from circulation, Twitter flooded with memes

The RBI has advised citizens to deposit Rs 2,000 banknotes into their bank accounts or exchange them into banknotes of other denominations at any bank branch.

RBI declares to withdraw all Rs 2,000 currency notes: All your queries answered

The Reserve Bank of India (RBI) on May 19 said it is withdrawing Rs 2,000 notes from circulation based on a review. However, the banknotes of Rs 2,000 denomination will continue to be legal tender, the central bank said in a release.

Rs 2,000 notes now 1.75% of total banknotes in circulation; down from 3.27% in Mar 2018            

As against 3,363 million pieces (mpcs) of Rs 2,000 denomination banknotes in circulation on March 31, 2018, constituting 3.27 percent and 37.26 percent of NIC in terms of volume and value respectively; 2,233 mpcs were in circulation on November 26, 2021, constituting 1.75 percent and 15.11 percent of NIC in terms of volume and value, respectively

No need to worry: Anurag Thakur on reports of govt withdrawing Rs 2000 note

"This is the real worry (about demonetisation) which has surfaced now. I think that you should not worry about it," Thakur told Rajya Sabha replying to a question on government's plan to withdraw Rs 2000 note in the future.

Stronger, safer and you can swim with it: Why India may soon get plastic notes

For a country that loves to use cash despite the recent digital push, the government's move to experiment with plastic Rs 10 banknotes should come as good news.

Cash crunch hits wholesalers: Delhi traders' furious

The Rs 2000 note has emerged as the big fat villain across wholesale markets in Delhi. Traders in the famous Chandni Chowk of Delhi are furious, with some saying that business is down by as much as 70 percent.