<h1>RBI Withdraws Rs. 2000 Notes from Circulation Under Clean Note Policy Due to Declining Use and Aging.</h1> The Reserve Bank of India (RBI) has decided to withdraw Rs. 2000 denomination banknotes from circulation as part of its Clean Note Policy. Introduced in 2016 to meet currency needs after the demonetization of Rs. 500 and Rs. 1000 notes, these notes are nearing the end of their 4-5 year lifespan. A survey revealed that Rs. 2000 notes are no longer preferred for transactions. By May 2023, 89% of these notes were issued before March 2017. Adequate stocks of other denominations remain available. Between May 19 and June 30, 2023, 136.13 crore pieces of Rs. 2000 notes were returned, reducing circulation significantly.