Since October 9, 2023, banks no longer exchange Rs 2,000 notes. However, the RBI still provides this service at its 19 issue ...

Rs 2000 banknotes continue to be legal tender. On May 19, 2023, the Reserve Bank of India (RBI) announced the withdrawal of Rs 2000 denomination banknotes from circulation.

The Press Information Bureau's Fact Check clarified that the RBI has issued no such directive and that Rs 500 notes remain legal tender.

During the meeting, several members sought clarity on the status of Rs 2,000 currency notes. In response, the RBI Governor stated that the notes are no longer in circulation but continue to remain ...