Centre debunks fake claims on Rs 500 ATM withdrawal
image for illustrative purpose
New Delhi: The Central government on Friday rebutted fake information being circulated on social media platforms, claiming that the Reserve Bank of India (RBI) would stop Rs500 currency notes from ATMs by March 2026. PIB Fact Check, a fact-checking arm of Press Information Bureau (PIB), posted on X that such posts are completely fake.
"RBI to stop Rs500 notes from ATMs by March 2026. Some social media posts claim that the Reserve Bank of India will discontinue the circulation of Rs500 notes by March 2026. This claim is fake", according to the X handle. It further stated that the Central Bank "has made NO such announcement".
"Rs500 notes have NOT been discontinued and remain legal tender. Don’t fall for such misinformation.
