MUMBAI, May 19 (Reuters) - India will start withdrawing its highest value currency notes from circulation, the central bank said on Friday, in a move that economists said could boost bank deposits at ...

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MUMBAI, May 20 (Reuters) - India will withdraw its highest denomination currency note from circulation, the central bank said on Friday. The 2000-rupee note, introduced into circulation in 2016, will ...

Though it continues to be legal, the bank urges citizens to exchange or return the note to them, and they have made the process easier by outlining steps for the exchanges.

About 2.83 crore units of Rs 2,000 notes are still in circulation in India. In a statement on January 1, 2026, the Reserve Bank of India (RBI) said that Rs 5,669 crore worth of Rs 2,000 banknotes are ...