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The detected counterfeit notes in the Rs 500 denomination rose over 20 per cent during the fiscal year, the RBI said.

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(Bloomberg) -- India is withdrawing its highest value currency note from circulation, giving consumers and businesses a four-month deadline to exchange or deposit the legal tender, a move reminiscent ...

"Rs 500 notes have NOT been discontinued and remain legal tender," the Press Information Bureau (PIB) Fact Check division - ...

On May 19, the Reserve Bank of India announced that it was pulling out of circulation the country’s highest denomination currency, the 2,000 rupee note (worth $24.27 at today’s exchange rate). Unlike ...

Detection of counterfeit currency notes in India’s banking system increased by 5.7 per cent in 2025-26, according to the RBI ...

MUMBAI, June 7 (Reuters) - About three-fourths of Indians are choosing to deposit the recently withdrawn 2000-rupee notes into bank accounts so far rather than exchanging them for smaller ...

NEW DELHI, June 21 (Reuters) - Amazon AMZN.O said on Wednesday it will collect soon-to-be-withdrawn 2,000 rupee ($24) notes from customers in India and credit them to online wallets to help people ...

India’s shorter-maturity bonds rallied and money market rates eased on bets that a withdrawal of the nation’s highest value currency note would leave banks with surplus cash to invest. As much as 1 ...