If you're still holding on to Rs 2000 notes in 2026, you're sitting on a currency that's becoming harder to use by the day. After the unprecedented demonetization in November 2016discontinued Rs 500 ...
RBI reveals that 98.45% of ₹2000 notes have been returned, with only a small fraction still in circulation. Here’s what it means, why the notes were withdrawn, and how you can still deposit them.
New Delhi: The Reserve Bank of India (RBI) has said that it will not accept, exchange Rs 2,000 banknotes on April 1, 2024. The reason the central bank has said for the unavailability of the facility ...
MUMBAI/NEW DELHI, May 23 (Reuters) - Indians are stepping up purchases of daily essentials, and even premium branded goods, using the soon-to-be-withdrawn 2,000-rupee ($24.46) notes as they aim to ...
(Bloomberg) -- India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent ...
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 ...
The RBI issue offices have been providing exchange and deposit facilities since May 19, 2023. From October 9, 2023, individuals and entities could also send their Rs 2,000 notes via India Post for ...
The Reserve Bank of India announced that 98.45 per cent of Rs 2,000 banknotes withdrawn from circulation since May 2023 have ...
On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change. By Sameer Yasir and Mike Ives Sameer Yasir ...