India has eased restrictions imposed after the 2016 demonetisation, permitting individuals to transport higher-denomination notes once again. According to the Reserve Bank of India, people may now carry INR 200 and INR 500 notes up to a limit of INR 25,000. However, these notes are still prohibited for everyday transactions. Nepal Rastra Bank has confirmed that Nepali citizens can hold and exchange such notes at banks, though they cannot yet use them in shops or markets within Nepal. The relaxation restores mobility of Indian high-value notes but does not lift their restriction on circulation.
