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ISSUER OF CURRENCY

The Reserve Bank is the nation's sole note issuing authority. Along with the Government of India, we are responsible for the design, production and overall management of the nation's currency, with the goal of ensuring an adequate supply of clean and genuine notes.

(283 kb)
Date : May 22, 2023
₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

RBI/2023-24/33
DCM(Plg) No.S-239/10.27.00/2023-24

May 22, 2023

The Chairman / Managing Director/ Chief Executive Officer
All Banks

Dear Sir /Madam,

₹2000 Denomination Banknotes – Withdrawal from Circulation; Will continue as Legal Tender

In continuation to our circular DCM(Plg) No.S-236/10.27.00/2023-24 dated May 19, 2023 on the captioned subject, it is advised as follows:

2. The facility of exchange of ₹2000 banknotes across the counter shall be provided to the public in the usual manner, that is, as was being provided earlier.

3. Banks are advised to provide appropriate infrastructure at the branches such as shaded waiting space, drinking water facilities, etc. considering the summer season.

4. Banks shall maintain daily data on deposit and exchange of ₹2000 banknotes in the format given below and submit the same as and when called for.

Bank Name Date Amount of ₹2000 banknotes Exchanged Amount of ₹2000 banknotes Deposited Total Amount
         

5. Please acknowledge receipt.

Yours faithfully

(Suman Ray)
Chief General Manager in-Charge

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