The Reserve Bank of India (RBI) had announced the withdrawal of ₹2000 denomination banknotes from circulation vide Press Release 2023-2024/257 dated May 19, 2023. The status of withdrawal of ₹2000 banknotes is periodically published by the RBI. The last press release in this regard was published on November 04, 2024.

The Reserve Bank of India will shortly be issuing Rs.1000 notes in Mahatma Gandhi Series with capital letter "A" inset in numbering panels bearing the signature of Dr. Bimal Jalan, Governor. Except for the change in inset letter, the design of the Rs.1000 notes to be issued now is similar in all respects to those issued earlier in the Mahatma Gandhi Series. All Rs.1000 denomination notes in Mahatma Gandhi Series issued by the Bank in the past will continue to be legal