New Delhi: A viral YouTube video clip just recently declared that Rs 500 money notes will certainly quit being utilized from March following year. However, the Central federal government has actually disregarded these cases. In a message on X, the Press Information Bureau (PIB) cleared up that the Reserve Bank of India (RBI) has actually made no such news, and Rs 500 notes will certainly remain to stand for deals.
A video clip published on the YouTube network ‘CAPITAL TV’ has actually produced complication by declaring that Rs 500 notes will certainly be ceased by March 2026. Clearing the air, the Press Information Bureau (PIB) shared a fact-check message on X, stating: “A YouTube video on the YT Channel ‘CAPITAL TV’ (capitaltvind) falsely claims that the RBI will discontinue the circulation of Rs 500 notes by March 2026. RBI has made NO such announcement. Rs 500 notes have NOT been discontinued and remain legal tender.”
The fact-check was released after a YouTube video clip declared that the federal government prepares to eliminate Rs 500 notes from March following year, comparable to the withdrawal of Rs 2000 notes. The 12-minute video clip, which has actually currently gathered over 5 lakh sights is additionally being extensively flowed on various other social media sites systems.
However, authorities have actually rejected the cases made in the video clip and recommended individuals to be careful concerning such deceptive material. “Don’t fall for such misinformation. Always verify news from official sources before believing or sharing it,” the PIB included its message.
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The Rs 500 notes presently in flow were presented after the 2016 demonetisation. These notes are rock grey in colour, action 66mm by 150mm, and include the Red Fort as component of the ‘Indian heritage site’ style. Like all Indian money notes, the Rs 500 note shows its worth in 17 languages, consisting of English, Hindi, Bengali, Tamil, Telugu, and a lot more.
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On November 8, 2016,Prime Minister Narendra Modi introduced the demonetisation of the old Rs 500 notes to deal with corruption and suppress the spread of phony money. Just 2 days later on, brand-new Rs 500 notes were presented, in addition to a brand-new Rs 2,000 note. However, in May 2023, the Rs 2,000 notes were taken out from flow, although they still stay lawful tender.
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.(* )RBI has actually introduced that the
The 20 notes with the brand-new guv’s trademark will certainly stay the very same in layout as the present collection. Rs additionally ensured the general public that all formerly released It 20 notes will certainly remain to stand and stay lawful tender throughout the nation.Rs
