Rs 500 Note Latest Update: Every day some such news goes viral on social media, which shocks as well as scares people. One such news is again going viral on social media, in which it is being claimed that the government is preparing to ban the 500 rupee note by March 2026. Now when such a big news went viral, the government itself had to come forward and tell the truth.
What is the whole matter?
Actually, a YouTube channel named Capital TV quoted sources and ran the news that by March 2026 next year, the 500 rupee note will be completely out of circulation and the government has also stopped printing new 500 rupee notes. This can once again lead to demonetization-like conditions in the country.
What is the whole truth?
Government agency PIB Fact Check fact-checked this social media claim and called it completely baseless and fake news. PIB said that the Reserve Bank of India (RBI) has not made any such announcement and Rs 500 notes will remain in full circulation.
Increase in fake notes
Let us tell you that recently RBI has made a shocking disclosure in its annual report. RBI said that the number of fake Rs 500 notes has increased by 37.3 percent in FY25.
How many fake notes were caught
In FY25, 1.18 lakh fake notes were caught, worth about Rs 5.88 crore. Whereas, in FY24 this number was 85,711, worth Rs 4.28 crore.
Avoid rumors
PIB warned people not to believe such misinformation. Always confirm from official sources before believing or sharing any news!
Most Read Articles:
- Canara Bank FD Interest Changed: Big news! Canara Bank changed the interest rates on FD, know what’s the new rate now
- Tax deductions: Senior citizens get many types of deductions and exemptions, know them before filing ITR
- Credit Card Link UPI: Link your credit card to UPI from home, know step-by-step guide
We have taken all measures to ensure that the information provided in this article and on our social media platform is credible, verified and sourced from other Big media Houses. For any feedback or complaint, reach out to us at businessleaguein@gmail.com
