INR 500 Note Withdrawal on Cards? PIB Fact Check Debunks Fake Claim That RBI Will Discontinue Circulation of INR 500 Currency Notes by March 2026
The Press Information Bureau (PIB), in its fact check, has debunked a claim made by a YouTube channel called CAPITAL TV' (capitaltvind) that the Reserve Bank of India (RBI) is going to discontinue the INR 500 note.
The Press Information Bureau (PIB), in its fact check, has debunked a claim made by a YouTube channel called CAPITAL TV' (capitaltvind) that the Reserve Bank of India (RBI) is going to discontinue the INR 500 currency note from the circulation. The YouTube channel CAPITAL TV' (capitaltvind) claimed that the RBI will discontinue the circulation of INR 500 notes by March 2026. The PIB Fact Check confirmed that the RBI has made no such announcement. "₹500 notes have NOT been discontinued and remain legal tender," PIB Fact Check added. The government agency urged citizens not to fall for such misinformation and always verify news from official sources before believing or sharing it. ‘Ghar-Ghar Sindoor’ Campaign To Mark Anniversary of Narendra Modi Govt 3.0? PIB Fact-Check Debunks Fake News.
INR 500 Note Withdrawal on Cards?
Is the ₹500 note set to be phased out by 2026? ?
A #YouTube video on the YT Channel 'CAPITAL TV' (capitaltvind) falsely claims that the RBI will discontinue the circulation of ₹500 notes by March 2026.#PIBFactCheck
✔️@RBI has made NO such announcement.
✔️₹500 notes have… pic.twitter.com/NeJdcc72z2
— PIB Fact Check (@PIBFactCheck) June 3, 2025
(The above story first appeared on LatestLY on Jun 03, 2025 10:59 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
