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The RBI on Monday said ₹2,000 banknotes worth ₹85 crore returned to the system between May 31, 2025 and April 30, 2025, leaving ₹6,181 crore still in the market.
“The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹6,181 crore at the close of business on May 31, 2025,” the RBI said in its monthly status report.
“Thus, 98.26% of the ₹2,000 banknotes in circulation as on May 19, 2023, has since been returned,” it said.
A month ago, the RBI had stated that the withdrawal of ₹2,000 banknotes had declined to ₹6,266 crore at the close of business on April 30, 2025. Thus, 98.24% of the ₹2,000 banknotes in circulation as on May 19, 2023, have since been returned.
The ₹2,000 banknotes continue to be legal tender. The RBI had announced the withdrawal of ₹2,000 denomination banknotes from circulation dated May 19, 2023.
Published – June 02, 2025 09:09 pm IST