RBI stopped printing these three notes! you can’t use them anymore, they are…

The RBI's new project, 'Sa-Mudra,' wants to modernize currency management of note counting, sorting, and tracking fully digital and automated.

The Reserve Bank of India (RBI) has given updates on the state of currency and coins in its latest annual report. 

The withdrawal process for Rs 2000 notes was done last year. By March 2025, 98.2% of the Rs 3.56 lakh crore of Rs 2000 notes have been returned to banks. As a result, these notes are now rarely seen in circulation.

Rs 500 notes are currently the most widely used denomination which is around 40.9% of the total banknotes in circulation. In terms of value, they account for 86% share.

3 Will Not Be Printed

The RBI has officially ceased the printing of Rs 2, Rs 5, and Rs 2000 notes. This means new stock of these denominations will now be issued.

The number of coins in circulation grew by 3.6%, and their value increased by 9.6%. Rs 1, Rs 2, and Rs 5 coins is around  81.6% of the total coin volume.

The RBI’s digital currency (e₹) saw a 334% growth in value reaching Rs 1,016.5 crore. Digital Rs 500 notes dominate the e₹ landscape, holding an 84.4% share.
Counterfeit notes for Rs 10, Rs 20, and Rs 2000 denominations have declined. However, fake Rs 200 and Rs 500 notes have increased.

Cost of Printing the cost of printing banknotes rose to Rs 6,372.8 crore in FY25, higher than the previous year. Discarded banknotes are now being repurposed to create particle board furniture and interior materials.

The RBI has launched the ‘Sa-Mudra’ project to digitize and automate currency management processes like sorting and tracking of notes. The cost of printing banknotes rose to Rs 6,372.8 crore in FY25 which is higher than the previous year.