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News / Business / RBI to withdraw Rs 2,000 notes from circu

RBI to withdraw Rs 2,000 notes

from circulation, will continue
as legal tender
The notes will continue as legal tender, the
central bank said in a statement on Friday

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By: Express Web Desk

Updated: May 19, 2023 19:04 IST

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RBI has decided to withdraw the Rs 2,000 note from circulation

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The Reserve Bank of India has decided to

withdraw Rs 2,000 denomination
banknotes from circulation and asked all
to exchange them by Spetember 30,2023.

Aanchal Magazine
@AanchalMagazine · Follow

RBI decides to withdraw ₹2000 denomination

banknotes from circulation, will continue as
legal tender

6:52 PM · May 19, 2023

40 Reply Share

Read 1 reply

In a statement released on Friday, the

central bank stated: “In pursuance of the
“Clean Note Policy” of the Reserve Bank of
India, it has been decided to withdraw the
₹2000 denomination banknotes from
circulation. The banknotes in ₹2000
denomination will continue to be legal
tender. To complete the exercise in a
time-bound manner and to provide
adequate time to the members of public,
all banks shall provide deposit and/or
exchange facility for ₹2000 banknotes
until September 30, 2023.”

© IE Online Media Services Pvt Ltd

First published on: 19-05-2023 at 18:56 IST

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