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In fact, the RBI has not declared the Rs 2,000 notes in the market invalid, but has stopped their circulation and you can exchange your notes till September 30. If you are thinking that 2000 note is the biggest note of Indian currency then it is not so because earlier the title of the biggest note in our Indian currency was held by 10000 note.
We are not making this claim, but this is what the RBI website is saying. In fact, the 10 thousand rupee note was in circulation in the year 1938. Which was disqualified in 1946. Although it was also started in 1954, it was closed again in 1978.
Currently running this note
According to the Reserve Bank of India, notes of 10, 20, 50, 100, 200, 500 and 2000 rupees are currently being issued in India. They are called bank notes because they are issued by the Reserve Bank of India.
Let us tell you that before this two and five rupee notes were also printed. The cost of printing and servicing these bank notes was not suitable for their lives, hence they were banned. However, such banknotes issued earlier may still be found in circulation.
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