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According to the Reserve Bank of India’s annual report, the detection of counterfeit Rs 500 denomination notes (excluding specified banknotes) in the banking system increased by 37.35% year-on ...
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 ...
The Reserve Bank of India (RBI) has given updates on the state of currency and coins in its latest annual report. The withdrawal process for Rs 2000 notes was done last year. By March 2025, 98.2% ...
RBI reports 98.29% of ₹2,000 banknotes returned, total value declines to ₹6,099 crore, withdrawal due to Clean Note Policy.
RBI Governor Sanjay Malhotra briefed the Parliamentary Committee on Finance, highlighting the Indian economy's resilience amidst global challenges. He addressed concerns about the status of Rs ...
Subsequently, the number of Rs 2,000 denomination counterfeit notes plunged by 86.5% YoY at 3,508 in FY25 from 26,035 in FY24. Its value decreased to Rs 70 lakh in FY25 from Rs 5.2 crore in FY24.
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