Srinagar, Jan 25: Amid speculations and reports doing round that the circulation of old currency notes of Rs 100, 10 and 5 would stop permanently by March-April, the Reserve Bank of India (RBI) said that the Central bank has no such plans and termed the report as ‘fake’. An RBI spokesperson thrashed such false reports and clarified that they are not planning any such move. However, there is no official confirmation from RBI as of yet on the matter.
The Claim
The report in circulation claims that the RBI has decided to ban ₹5, ₹10, and ₹100 notes. It said that these notes would not be an acceptable currency from March 2021. In fact, it went on to say that the information was made public by the central bank itself.
The Truth
Taking immediate note of the report, PIB Fact Check, the government’s wing to counter misinformation, dismissed the claim. It said that the report was false. Further, it clarified that the Reserve Bank of India (RBI) had made no such announcement.
एक खबर में दावा किया जा रहा है कि आरबीआई द्वारा दी गई जानकारी के अनुसार मार्च 2021 के बाद 5, 10 और 100 रुपए के पुराने नोट नहीं चलेंगे।#PIBFactCheck: यह दावा #फ़र्ज़ी है। @RBI ने ऐसी कोई घोषणा नहीं की है। pic.twitter.com/WiuRd2q9V3
— PIB Fact Check (@PIBFactCheck) January 24, 2021
