The Rs. 2,000 note is being phased out of circulation but will remain valid currency until September 30.

A circular from the Reserve Bank of India dated May 19 announced the withdrawal of Rs 2,000 currency notes from circulation. The memo said that the notes will remain valid tender until September 30. According to the document, the RBI's "Clean Note Policy" necessitates the change. The central bank has issued a statement requesting that banks continue to accept Rs 2,000 notes as deposits and/or exchanges until September 30, 2023.&q....