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The RBI said in a statement on Friday, "The total value of ₹2000 banknotes in circulation, which was Rs 3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹8470 crore at the close of business on February 29, 2024. Thus, 97.62% of the ₹2000 banknotes in circulation as on May 19, 2023, has since been returned."

RBI says 97.62% banknotes of Rs 2000 have returned to banks; know remaining amount

The Reserve Bank of India (RBI) has announced the withdrawal of Rs 2000 banknotes from circulation. Here's what you need to do before the deadline of September 30, 2023.

RBI Withdraws Rs 2,000 Notes: Things to Keep in Mind While Exchanging Rs 2,000 Banknotes

The Supreme Court on Friday refused urgent hearing on a plea challenging the notifications enabling exchange of Rs 2,000 currency notes without any requisition slip and ID proof. sc A vacation bench of justices Aniruddha Bose and Rajesh Bindal perused the report filed by the registry, and said there is no urgency in the matter.

Exchange of Rs 2,000 notes: SC refuses urgent hearing on plea challenging RBI decision

Rs 2000 currency note withdrawn:&nbsp;In order to exchange Rs 2000 notes, RBI had said that the persons who come to exchange or deposit Rs 2000 currency notes will have to file a requisition slip.

Rs 2000 currency note exchange and deposit begins: Check limit, exchange form, requisition slip, identity proof, other rules

Reserve Bank Governor Shaktikanta Das on Monday explained the reason behind the regulator's decision to withdraw Rs 2,000 currency notes from circulation. Click here to know more about why RBI took the decision and key things you need to remember before the September 30 deadline to deposit/exchange the Rs 2,000 currency note.

BIG UPDATE from RBI Governor Shaktikanta Das on Rs 2,000 currency note withdrawal

The Reserve Bank of India has decided to pull Rs 2000 crore notes from circulation. They will, however, remain legal tender. The masses have been asked to exchange them before September 30, 2023. RBI said the denomination wasn't being commonly used for transactions. The RBI found that the notes of other denominations were enough to meet the requirement of the country.

RBI 2000 Note Ban News: Here is how you can exchange Rs 2000 notes from banks

The Reserve Bank of India has decided to withdraw INR 2,000 notes from circulation in pursuance of the central bank’s Clean Note Policy. The RBI has said banknotes in INR 2,000 denomination will continue to be legal tender, which implies a consumer can purchase goods using the currency. In this video, public reacts to the RBI's decision. 

Rs 2000 currency note withdrawal: Here’s how PUBLIC REACTS to the news

Former NITI Aayog Vice Chairman Arvind&nbsp;Panagariya noted that Rs 2,000 currency notes represent only 10.8 per cent of the cash currently in the hands of the public and probably most of it is being used for illicit transactions.

'No perceptible effect on economy': Former Niti Aayog VC Arvind Panagariya on withdrawal of Rs 2,000 notes

The Congress also said demonetisation has come a full circle and added that the Rs 2,000 note was a "band-aid to cover up the foolish decision of demonetising" Rs 500 and Rs 1,000 notes.

Congress and other opposition parties hit out at govt over withdrawal of Rs 2,000 notes