Indian 2000-rupee note

It was released by the Reserve Bank of India (RBI) on 8 November 2016 after the demonetisation of ₹500 and ₹1000 banknotes and has been in circulation since 10 November 2016.{{Cite press release |title=Issue of ₹ 2000 Banknotes |date=8 November 2016 |publisher=RESERVE BANK OF INDIA |url=https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR1144EFECD860ED0D479D88AB8D5CA036FC35.PDF |last1=Killawala |first1=Alpana |access-date=14 November 2016 |archive-date=10 November 2016 |archive-url=https://web.archive.org/web/20161110043657/https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR1144EFECD860ED0D479D88AB8D5CA036FC35.PDF |url-status=live }} It is a part of the Mahatma Gandhi New Series of banknotes with a completely new design.

This was the highest currency note printed by RBI that was in active circulation, ever since the 1,000 rupee note was demonetised in November 2016.{{cite news|last1=Krishnamachari|first1=S V|title=Reserve Bank of India to issue Rs 2,000 notes soon: Report|url=http://www.ibtimes.co.in/reserve-bank-india-issue-rs-2000-notes-soon-report-700728|publisher=IB Times|date=22 October 2016|access-date=6 November 2016|archive-date=14 August 2018|archive-url=https://web.archive.org/web/20180814135035/https://www.ibtimes.co.in/reserve-bank-india-issue-rs-2000-notes-soon-report-700728|url-status=live}}{{cite news|title=Trending: Rs 2000 Note First Look!|url=http://www.gulte.com/trending/53270/Trending-Rs-2000-Note-First-Look|publisher=gulte.com|date=6 November 2016|access-date=6 November 2016|archive-date=20 January 2018|archive-url=https://web.archive.org/web/20180120080727/http://www.gulte.com/trending/53270/Trending-Rs-2000-Note-First-Look|url-status=live}}{{cite news|title=Is this new Rs2,000 banknote from RBI? Twitterati seems to think so|url=http://indianexpress.com/article/trending/trending-in-india/is-this-new-rs2000-banknote-from-rbi-twitterati-seems-to-think-so-3740165/|publisher=Indian Express|date=6 November 2016|location=New Delhi|access-date=6 November 2016|archive-date=6 November 2016|archive-url=https://web.archive.org/web/20161106193715/http://indianexpress.com/article/trending/trending-in-india/is-this-new-rs2000-banknote-from-rbi-twitterati-seems-to-think-so-3740165/|url-status=live}} Before the official announcement by RBI, the media reported that ₹2000 notes had been printed from the currency printing press in Mysuru by the end of October 2016.{{cite news|last1=Sridhar|first1=G Naga|last2=Vageesh|first2=NS|title=Coming soon to your wallet: ₹2,000 notes|url=http://www.thehindubusinessline.com/money-and-banking/coming-soon-to-your-wallet-2000-notes/article9252371.ece|publisher=The Hindu Business Line|date=21 October 2016|access-date=6 November 2016|archive-date=25 February 2017|archive-url=https://web.archive.org/web/20170225034010/http://www.thehindubusinessline.com/money-and-banking/coming-soon-to-your-wallet-2000-notes/article9252371.ece|url-status=live}} Post 2016 Indian banknote demonetisation, seven new currency notes have been announced by the Reserve Bank of India-- ₹2,000, ₹500, ₹200, ₹100, ₹50, ₹20, and ₹10.{{Cite web|url=https://timesofindia.indiatimes.com/business/india-business/why-the-rbi-is-giving-you-the-new-rs-200-note/articleshow/60208422.cms|title=Rs 200 note: Why the RBI is giving you the new Rs 200 note – The Times of India|website=The Times of India|access-date=8 May 2021|archive-date=10 May 2021|archive-url=https://web.archive.org/web/20210510155433/https://timesofindia.indiatimes.com/business/india-business/why-the-rbi-is-giving-you-the-new-rs-200-note/articleshow/60208422.cms|url-status=live}}{{Cite web|url=https://timesofindia.indiatimes.com/city/mumbai/re-1-note-back-in-business/articleshow/58942898.cms|title=1 rupee note: Re-1 note back in business | Mumbai News – Times of India|website=The Times of India|access-date=8 May 2021|archive-date=26 October 2021|archive-url=https://web.archive.org/web/20211026074831/https://timesofindia.indiatimes.com/city/mumbai/re-1-note-back-in-business/articleshow/58942898.cms|url-status=live}}

According to the RBI data, there were 3,285.87 million pieces of ₹2000 notes in circulation at end-March 2017. A year after (on March 31, 2018), there was only a marginal increase in the number at 3,363.28 million pieces. Of the total currency in circulation amounting to ₹18,037 billion at end-March 2018, ₹2000 notes accounted for 37.3 percent, down from 50.2 percent at end-March 2017.{{Cite web|url=https://indianexpress.com/article/india/rbi-scales-down-printing-of-rs-2000-note-to-minimum-govt-source-5522364/|title=RBI scales down printing of Rs 2000 note to minimum: Govt source|date=3 January 2019|access-date=5 January 2019|archive-date=5 January 2019|archive-url=https://web.archive.org/web/20190105201324/https://indianexpress.com/article/india/rbi-scales-down-printing-of-rs-2000-note-to-minimum-govt-source-5522364/|url-status=live}} The share has come down to 22.6 per cent at end-March 2020.{{Cite web|url=https://www.deccanchronicle.com/business/economy/260820/dont-jump-rs-2000-currency-notes-slowly-being-phased-out.html|title=Don't jump, Rs 2000 currency notes slowly being phased out|first=FALAKNAAZ|last=SYED|date=26 August 2020|website=Deccan Chronicle|access-date=21 October 2020|archive-date=24 October 2020|archive-url=https://web.archive.org/web/20201024095017/http://www.deccanchronicle.com/business/economy/260820/dont-jump-rs-2000-currency-notes-slowly-being-phased-out.html|url-status=live}}

The ₹2,000 note was created as a quick fix, to have enough circulation of currency. With lower denominations available in circulation, the Indian government and the RBI has rolled back ₹2,000 notes from circulation.{{cite web |last1=Gill |first1=Prabhjote |title=Exclusive: Bankers reveal why RBI is quietly rolling back the ₹2000 notes |url=https://www.businessinsider.in/finance/news/bankers-reveal-why-rbi-is-quietly-rolling-back-the-2000-notes/articleshow/74061047.cms |publisher=Business Insider |access-date=5 July 2020 |language=en |date=10 February 2020 |archive-date=5 July 2020 |archive-url=https://web.archive.org/web/20200705201519/https://www.businessinsider.in/finance/news/bankers-reveal-why-rbi-is-quietly-rolling-back-the-2000-notes/articleshow/74061047.cms |url-status=live }}

Under the rationale that the ₹2000 note was being used for hoarding and tax evasion, RBI has stopped the printing of banknotes of ₹2000 denomination{{cite news | title=India stops printing Rs 2,000 note, two years after its shock launch | url=https://theprint.in/economy/india-stops-printing-rs-2000-note-two-years-after-its-shock-launch/172578/ | date=3 January 2019 | access-date=29 January 2020 | archive-date=29 January 2020 | archive-url=https://web.archive.org/web/20200129224452/https://theprint.in/economy/india-stops-printing-rs-2000-note-two-years-after-its-shock-launch/172578/ | url-status=live }} and no new notes of this denomination were printed during the 2019-20 financial year.{{cite news | title=Curbing black money: Printing of Rs 2,000 notes stopped, says RTI reply | url=https://www.newindianexpress.com/nation/2019/oct/14/printing-of-rs-2000-notes-stopped-reveals-rti-2047287.html | first=Kumar | last=Vikram | work=The Indian Express | date=14 October 2019 | access-date=29 January 2020 | archive-date=29 January 2020 | archive-url=https://web.archive.org/web/20200129223016/https://www.newindianexpress.com/nation/2019/oct/14/printing-of-rs-2000-notes-stopped-reveals-rti-2047287.html | url-status=live }}

On 20 May 2023, the Reserve Bank of India announced its decision to withdraw the ₹2,000 notes from circulation. Despite this, the notes would remain legal tender and could be exchanged or deposited in bank accounts until 30 September 2023, .{{Cite web |title=Rs 2,000 Notes To Be Scrapped, Exchange Them By This Date, Will Remain Legal Tender |url=https://www.ndtv.com/india-news/rs-2-000-notes-to-be-withdrawn-from-circulation-exchange-them-by-september-30-2023-says-rbi-4049268 |access-date=2023-05-19 |website=NDTV.com |archive-date=19 May 2023 |archive-url=https://web.archive.org/web/20230519135315/https://www.ndtv.com/india-news/rs-2-000-notes-to-be-withdrawn-from-circulation-exchange-them-by-september-30-2023-says-rbi-4049268 |url-status=live }}{{Cite news |date=2023-05-19 |title=RBI on 2000 Rupee note: RBI to withdraw ₹2,000 notes from circulation; notes will continue to be legal tender |work=The Times of India |url=https://timesofindia.indiatimes.com/india/rbi-to-withdraw-rs-2000-currency-notes-from-circulation-notes-will-continue-to-be-legal-tender-till-september-30/articleshow/100360257.cms?from=mdr |access-date=2023-05-19 |issn=0971-8257 |archive-date=19 May 2023 |archive-url=https://web.archive.org/web/20230519141752/https://timesofindia.indiatimes.com/india/rbi-to-withdraw-rs-2000-currency-notes-from-circulation-notes-will-continue-to-be-legal-tender-till-september-30/articleshow/100360257.cms?from=mdr |url-status=live }}

In addition, banks were instructed not to issue 2,000-rupee notes and to increase their staff and counters to handle the expected surge in transactions. The government clarified that this measure is not a "demonetisation" effort. However, the announcement caused some concern among the public, with comparisons being made to the previous demonetisation initiative. While certain BJP lawmakers praised the move as a "second surgical strike on black money," opposition leaders argue that the decision to withdraw notes in 2016 was flawed and that this recent action is an acknowledgment of that mistake. Following the government's announcement, there were reports of individuals using 2,000-rupee notes to make payments at petrol stations and shops in an attempt to dispose of them.{{Cite news |date=2023-05-23 |title=Indian banks start exchanging withdrawn 2,000-rupee notes |language=en-GB |work=BBC News |url=https://www.bbc.com/news/world-asia-india-65679657 |access-date=2023-05-23}}{{Cite tweet |user=ANI |number=1659586676681760768 |title=Bihar {{!}} This is the second surgical strike on black money. During demonetisation, the government started printing ₹2000 notes to give immediate relief to the people. This will not trouble the common man as they do not have ₹2000 notes: BJP leader Sushil Kumar Modi}}

On 1 September 2023, Reserve Bank of India informed that 93% of ₹2,000 notes, worth ₹3.32 lakh crore have been returned to the banking system, and therefore ₹2,000 notes in circulation stood at ₹0.24 lakh crore, at the close of business on 31 August 2023.{{cite web|url=https://www.indiatoday.in/business/story/rbi-rs-2000-notes-withdrawal-93-percent-returned-currency-in-circulation-2429666-2023-09-01|title=93% of ₹2,000 notes returned since May when it was withdrawn, says RBI}}{{cite web|url=https://www.ndtv.com/business/93-of-rs-2-000-notes-in-circulation-have-been-returned-to-banks-rbi-4348495|title=93% Of ₹ 2,000 Notes In Circulation Have Been Returned To Banks: RBI}}{{cite web|url=https://www.moneycontrol.com/news/business/september-30-last-date-to-submit-rs-2000-notes-but-no-rush-seen-at-banks-11390991.html|title=September 30 last date to submit ₹2,000 notes, but no rush seen at banks}}

On 30 September 2023, Reserve Bank of India informed that 96% of ₹2,000 notes, worth ₹3.42 lakh crore have been returned to the banking system, and therefore ₹2,000 notes in circulation stood at ₹0.14 lakh crore.{{cite web|url=https://timesofindia.indiatimes.com/business/india-business/rbi-extends-deadline-for-exchange-of-rs-2000-notes-to-october-7/articleshow/104068731.cms?from=mdr|title=RBI extends deadline for exchange of ₹2,000 notes to October 7}}{{cite web|url=https://www.cnbctv18.com/finance/rbi-extends-the-exchange-deadline-for-rs-2000-notes-until-october-7-17922291.htm|title=96% of ₹2,000 banknotes returned by Sep 30; RBI allows return at bank counters till Oct 7}} Reserve Bank of India extended the deposit/exchange deadline to 7 October 2023, and thereafter can be exchanged by individuals at the 19 RBI Issue Offices only.

On 1 November 2023, Reserve Bank of India informed that 97% of ₹2,000 notes have been returned to the banking system, however ₹2,000 notes worth ₹10,000 crore are still in circulation with public, at the close of business on 31 October 2023.{{cite web|url=https://economictimes.indiatimes.com/news/economy/finance/rbi-reveals-over-97-of-rs-2000-notes-returned-rs-10000-crore-worth-notes-still-in-circulation/articleshow/104892214.cms|title=RBI reveals over 97% of ₹2,000 notes returned, ₹10,000 crore worth notes still in circulation}}{{cite web|url=https://www.businesstoday.in/industry/banks/story/rs-2000-notes-continue-to-be-legal-tender-rbis-latest-update-on-withdrawn-currency-404182-2023-11-01|title='₹2,000 notes continue to be legal tender': RBI's latest update on withdrawn currency}}{{cite web|url=https://timesofindia.indiatimes.com/city/chandigarh/2000-note-exchange-rbi-office-turns-into-melting-pot/articleshow/104903082.cms|title=₹2,000 note exchange: RBI office turns into melting pot}}{{cite web|url=https://www.livemint.com/news/india/odisha-people-throng-rbi-office-exchange-2000-notes-as-deadline-passes-police-verify-their-identity-heres-why-11698917493773.html|title=Odisha: People throng RBI office to exchange ₹2,000 notes as deadline passes, police verify their identity}}

On 1 December 2023, Reserve Bank of India informed that 97.26% of ₹2,000 notes have been returned to the banking system, however ₹2,000 notes worth ₹9,760 crore are still in circulation with public, at the close of business on 30 November 2023.{{cite web|url=https://www.hindustantimes.com/business/rbi-says-rs-2000-notes-worth-rs-9760-crore-not-deposited-exchanged-101701412215044.html|title=RBI says ₹2000 notes worth ₹9760 crore not deposited, exchanged}}{{cite web|url=https://indianexpress.com/article/business/economy/rs-2000-notes-returned-rbi-withdrawal-circulation-9049961/|title=97.26% of ₹2,000 notes returned to RBI since withdrawal, ₹9,760 crore still in circulation}} RBI said that 2,000 bank notes continue to be legal tender.{{cite web|url=https://www.ndtv.com/india-news/rbi-says-rs-2-000-notes-now-withdrawn-worth-rs-9-760-crore-yet-to-return-4623839|title=RBI Says ₹ 2,000 Notes, Now Withdrawn, Worth ₹ 9,760 Crore Yet To Return}}

On 1 March 2024, Reserve Bank of India informed that 97.62% of ₹2,000 notes have been returned to the banking system, however ₹2,000 notes worth ₹8,470 crore are still in circulation with public, at the close of business on 29 February 2024.{{cite web|url=https://indianexpress.com/article/business/rbi-rs-2000-notes-returned-9190799/|title=97.62% of ₹2,000 notes returned, ₹8,470 cr yet to come back}}{{cite web|url=https://www.thehindu.com/business/2000-banknotes-worth-8470-crore-still-in-circulation-says-rbi/article67904296.ece|title=₹2,000 banknotes worth ₹8,470 crore still in circulation, says RBI}} RBI said that 2,000 bank notes continue to be legal tender.{{cite web|url=https://timesofindia.indiatimes.com/business/india-business/total-value-of-rs-2000-banknotes-in-circulation-has-been-declined-to-rs-8470-crore/articleshow/108134492.cms|title=Total value of Rs 2000 banknotes in circulation declined to Rs 8470 crore}}

On 1 April 2024, Reserve Bank of India informed that 97.69% of ₹2,000 notes have been returned to the banking system, however ₹2,000 notes worth ₹8,202 crore are still in circulation with public, at the close of business on 29 March 2024.{{cite web|url=https://economictimes.indiatimes.com/news/economy/finance/97-69-of-rs-2000-currency-notes-returned-rbi/articleshow/108950119.cms?from=mdr|title=97.69% of ₹2,000 currency notes returned: RBI}}{{cite web|url=https://www.ndtv.com/india-news/97-69-percent-of-rs-2000-currency-notes-returned-to-banking-system-rbi-5353385|title=97.69% of ₹2,000 notes as of March 29 2024 returned, remaining legal tender}}

As of April 30 2025, the figure has dropped to rupees ₹6,266 crore, indicating that 98.24% of the 2000 rupees notes in circulation at the time of the announcement have been returned.{{cite web|url=https://timesofindia.indiatimes.com/business/india-business/rs-2000-notes-worth-rs-6266-crore-still-in-circulation-2-years-after-withdrawal-rbi/articleshow/120821665.cms|title=98.24% of ₹2,000 currency notes returned: RBI}}

The {{INR}}2000 banknote was a 66 mm × 166 mm Magenta coloured note, with the obverse side featuring a portrait of Mahatma Gandhi, the Ashoka Pillar Emblem, and the signature of Reserve Bank of India Governor. It has Braille print on it, to assist the visually challenged in identifying the currency. The reverse side features a motif of the Mangalyaan, representing India's first interplanetary space mission, and the logo and tag line for Swachh Bharat Abhiyan.

File:Microscopic view of Rs 2000 Indian Currency.jpg

The {{INR}}2000 banknotes has multiple security features, listed below:

• See-through registration device with denominational numeral ₹2000
• Latent image with denominational numeral ₹2000
• Denominational numeral २००० rendered in Devnagari script
• Micro letters 'RBI' and '2000' on the left side of the banknote
• Windowed security thread with inscriptions 'भारत', RBI, and ₹2000 on banknotes, with a colour shift. The thread colour changes from green to blue when the note is tilted
• Guarantee Clause, the Governor’s signature with the Promise Clause, and the RBI's emblem on the right side
• Denominational numeral with Rupee Symbol, {{INR}}2000 in colour changing ink (green to blue) on bottom right
• Ashoka Pillar emblem on the right Mahatma Gandhi portrait and electrotype (2000) watermarks
• Number panel with numerals growing from small to big on the top left side and bottom right side.
• For the visually impaired Intaglio (raised printing) of Mahatma Gandhi portrait, Ashoka Pillar emblem, bleed lines and identity mark
• Horizontal rectangle with {{INR}}2000 in raised print on the right
• Seven angular bleed lines on left and right side in raised print (obverse)
• Year of printing of the note on the left (reverse)

Like other Indian rupee banknotes, the {{INR}}2000 banknote has its amount written in 17+1 languages (Braille language added on new currency notes for visually impaired). On the obverse, the denomination is written in English and Hindi. On the reverse is a language panel which displays the denomination of the note in 15 of the 22 official languages of India. The languages are displayed in alphabetical order. Languages included on the panel are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Odia, Punjabi, Sanskrit, Tamil, Telugu, Urdu, and Braille.

• Mahatma Gandhi New Series
• Indian 500 and 1000 rupee note demonetisation
• Indian 500-rupee note
• Indian 200-rupee note
• Indian 100-rupee note
• Indian rupee

{{Reflist}}15. [https://www.aapkimedia.com/2023/05/rbi-2000-notes-ban-2000-rupye-ka-note-band.html 2,000 रुपये का नोट बंद! 6 साल से चलन में रहे दो हज़ार का नोट के बारे में जानने वाली 10 बातें]{{Indian currency}}

Category:Banknotes of India

Category:Rupee

Category:Two-thousand-base-unit banknotes

Category:Currencies introduced in 2016