
The Reserve Bank of India (RBI) has confirmed that 98.26% of ₹2000 denomination banknotes have been returned to the banking system, nearly two years after their withdrawal was announced in May 2023. From a peak circulation of ₹3.56 lakh crore, only ₹6,181 crore worth of ₹2000 notes remained in circulation as of 31 May 2025. […]