RBI reports 98.47% of ₹2000 notes have been returned to banks
Fast facts
- Category: Asia
- Language: EN
- Published: 2026-05-01 10:35 UTC
- Sources: The Hindu
The Reserve Bank of India announced that 98.47% of the ₹2000 banknotes issued in May 2023 have been reclaimed, leaving only ₹5,451 crore in circulation down from a peak of ₹3.56 lakh crore. The RBI said the reduction reflects the completion of the recall drive initiated after the notes were introduced. No further action was mentioned.
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