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The Reserve Bank of India (RBI) has announced that Rs 2000 banknotes will be withdrawn from circulation as part of its \"Clean Note Policy\", but will remain legal tender. Banks have been advised to stop issuing the notes, and individuals can exchange them for other denominations at bank branches until September 30, 2023. The exchange of Rs 2000 banknotes will be capped at Rs 20,000 at a time starting from May 23, 2023. The initiative aims to streamline currency circulation and promote other denominations., Economy News, Times Now

Rs 2000 Note banned from Circulation In 2023, 2000 rupees note ban, 2000 rupees out of circulation

The RBI said that about 89 percent of the 2,000 denomination banknotes were issued before March 2017 and are at the end of their estimated life span of 4-5 years.

The Congress on Friday slammed Prime Minister Narendra Modi, saying that the Rs 2,000 banknotes introduced with such fanfare after that "singularly disastrous" demonetisation decision of November 8, 2016, are now being withdrawn.In a ...

The Reserve Bank of India has urged the citizens to withdraw or deposit the banknotes at the bank or RBI branch before September 30