For the past few days, many types of news about RBI have been circulating on social media. It is being said in a claim that RBI is soon going to ban paper notes in India. Although the government has not yet made any official announcement in this regard, the dates of the ban have been revealed on social media, which has spread panic among the people.
What’s the whole thing?
A news is going viral on social media in which it is claimed that RBI is planning to ban paper notes from June 30 and replace them with plastic notes. This news has created a lot of panic among the people and they have remembered the incident of demonetization of 2016. However, after this post went viral, the government has reacted to it.
What is the truth behind this news?
The official Clarifying the facts, the agency said, “This claim is completely false. As per RBI, there are no plans to phase out paper notes or replace them with plastic notes till June 30, 2026.”
Furthermore, the agency appealed to the people not to believe in such misinformation. He wrote, “Always check the official website of RBI for correct information. Verify with official sources before sharing information. Report any suspicious information related to the Government of India to PIB Fact Check.”