Archive · 5 Jun 2025

Fact Check: RBI Denies ₹500 Note Ban Rumors

Fact Check: RBI Denies ₹500 Note Ban Rumors

Some videos claimed that the Indian government would stop using ₹500 notes in 2026.

This is not true.

The Press Information Bureau (PIB), which checks facts for the government, said the claims are false.

The Reserve Bank of India (RBI), which controls money in India, hasn't announced any changes.

The ₹500 notes are still legal and can be used.

Always be careful about what you see online, especially about money matters.

Make sure to check official sources for correct information.

Sources