Search results
Nov 1, 2023 · The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes has been periodically published by the RBI.
Oct 10, 2023 · However, it's important to note that Rs 2,000 notes are still legally recognised as valid currency. If you still possess these notes, here's what you need to do to get them exchanged. To exchange or deposit Rs 2,000 notes, you can visit one of the 19 RBI Issue Offices located across India.
The 2000 rupee note was introduced by the Reserve Bank of India on 8 November 2016. The introduction of this denomination of the Indian rupee was part of the government's demonetization exercise aimed at curbing corruption, black money and counterfeit currency.
RBI had announced the withdrawal of ₹ 2,000 banknotes on May 19, 2023 as part of its clean note policy. When were ₹ 2000 banknotes introduced?
The ₹2000 denomination banknote was introduced in November 2016 under Section 24(1) of Reserve Bank of India Act, 1934 (RBI Act) primarily with the objective of meeting the currency requirement of the economy in an expeditious manner after withdrawal of the legal tender status of all ₹500 and ₹1000 banknotes in circulation at that time.
The Reserve Bank of India is introducing new design banknotes in the denomination of ₹2000 as part of Mahatma Gandhi (New) Series. The new denomination has motif of the Mangalyaan on the reverse, depicting the country's first venture in interplanetary space. The base colour of the note is magenta.
Oct 1, 2024 · The Reserve Bank of India (RBI) announced that 98% of Rs 2,000 denomination notes have been returned following its May 2023 decision to withdraw the currency. The value of these notes has significantly decreased to Rs 7,117 crore.
May 20, 2023 · The 2000-rupee note, introduced into circulation in 2016, will remain legal tender but citizens have been asked to deposit or exchange these notes by Sept. 30, 2023.
May 19, 2023 · The Reserve Bank of India has decided to withdraw Rs 2,000 denomination banknotes from circulation and asked everyone to exchange them by September 30, 2023. The Rs 2,000 notes, however, will continue to be legal tender. We explain why the RBI has withdrawn the notes and what you need to do.
May 19, 2023 · The 2,000 rupee note was introduced in 2016 after the Narendra Modi-led government abruptly withdrew 500 and 1000 rupee denominations in an effort to remove forgeries from circulation.
