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 ₹6,266 crore at the close of business on April 30, 2025. Thus, 98.24% of the ₹2000 banknotes in circulation as on May 19, 2023, have since been returned, according to official data. The Rs 2000 banknotes continue to be legal tender.