‘₹85 cr. worth of ₹2,000 banknotes returned in a month’

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‘₹85 cr. worth of ₹2,000 banknotes returned in a month’

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The RBI on Monday mentioned ₹2,000 banknotes worth ₹85 crore returned to the system between May 31, 2025 and April 30, 2025, leaving ₹6,181 crore nonetheless 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 mentioned in its month-to-month standing report.

“Thus, 98.26% of the ₹2,000 banknotes in circulation as on May 19, 2023, has since been returned,” it mentioned.

A month in the past, the RBI had acknowledged that the withdrawal of ₹2,000 banknotes had declined to ₹6,266 crore on the shut of enterprise 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 proceed to be authorized tender. The RBI had introduced the withdrawal of ₹2,000 denomination banknotes from circulation dated May 19, 2023.

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