Recently, a news is going viral on social media very quickly, in which it is being told that RBI is banning the ₹ 500 note, although this news is a cause of concern among the people at this time, many people have become very worried about the ₹ 500 note they have and are also in a hurry to deposit it in the banks.
However, there is no need to panic because today through this article we are going to give you detailed information about the instructions issued by RBI and the truth of the news related to the ₹ 500 note, as well as try to understand how such rumors keep spreading and what effect they have on the society. Let’s take a look at the important aspects related to this issue-
News of ban on ₹ 500 note?
As the news is coming out that the ₹500 note has been banned by the RBI, but let us tell you that no such ban or plan of ban has been made by the RBI. This news is completely fake. No official source of this has been found yet. The RBI has also not issued any instructions regarding this whole matter.
RBI’s clarification
At the same time, the Reserve Bank of India has given clarification on all these rumors and it has been told that the ₹500 note is completely valid and no plan has been made to take it out of circulation. The bank has also appealed to the people not to pay attention to such news at all and keep doing their daily work without any worry. Keep using those notes in which there is a transaction of ₹500.