The total value of ₹2000 banknotes in circulation, which was ₹3.56 lakh crore at the close of business on May 19, 2023, when the withdrawal of ₹2000 banknotes was announced, has declined to ₹9,330 crore at the close of business on December 29, 2023, RBI said
The facility for exchange of the ₹2000 banknotes is available at the 19 Issue offices of the Reserve Bank since May 19, 2023. From October 09, 2023 these offices are also accepting ₹2000 banknotes from account holders for deposit into their bank accounts. Besides, residents are also sending ₹2000 banknotes through India Post from any post office in the country, to any of the RBI Issue Offices for credit to their bank accounts. The facility for deposit and / or exchange of the ₹2000 banknotes was available at all bank branches in the country upto October 07, 2023.
