Dec 8 (Reuters) - Indian prime minister Narendra Modi announced a shock move on Nov. 8 to ditch 500 and 1,000 rupee notes - worth a combined $256 billion - that he said were fuelling corruption, being ...

Nov 25 (Reuters) - Indian prime minister Narendra Modi announced a shock move on Nov. 8 to ditch 500 and 1,000 rupee notes - worth a combined $256 billion - that he said were fuelling corruption, ...

In the last fiscal (FY25), 180 crore pieces of Rs 10 banknotes, 150 crore pieces of Rs 20, and 300 crore pieces of Rs 50 were supplied.

RBI said 98.44% of the withdrawn ₹2,000 banknotes have been returned to the banking system, indicating limited currency remaining in circulation after the recall decision.

The facility for exchange of the Rs 2000 banknotes is available at the 19 issue offices of the RBI since May 19, 2023.

The Reserve Bank of India announced that 98.44% of the Rs 2,000 banknotes have been returned following their withdrawal from circulation in May 2023. Despite removal from circulation, the notes are ...

RBI reports 98.44% of withdrawn Rs 2,000 notes returned. See the decline in circulation & options for deposit/exchange. Legal tender status update.

The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of Rs 2000 ...