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Home Personal Finance Big Update: 100, 50 and 10 rupee notes will not be discontinued,...

Big Update: 100, 50 and 10 rupee notes will not be discontinued, RBI gives clarification

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  • On the previous weekend, there were reports in the media that the old series of small currency notes can be closed soon.

  • It was being said that RBI may take steps to close 100, 50 and 10 rupee currency notes by March this year.




Rumors of demonetisation are flying once again in the past, but there is no need to fear it. The government is not going to stop short currency notes of 100, 50 and 10 rupees, the RBI has said.

RBI on Twitter clarification

The Reserve Bank has given this clarification on Twitter regarding small currency notes. He has said, ‘There were reports in the media that 100, 50 and 10 rupee currency notes could be discontinued. In this regard, we are issuing an explanation that such reports are not true.

There were reports in the media on the previous weekend

On the previous weekend, there were reports in the media that the old series of these currency notes can be closed soon. It was being said that RBI may take steps to close 100, 50 and 10 rupee small currency notes by March this year. Also Read: SBI’s new plan will earn huge profits, start investing from five thousand rupees, insurance up to 50 lakhs

These new notes released after demonetisation

Since demonetisation, till date RBI has issued 7 currency notes of different value. It includes notes of value of 2000, 500, 200, 100, 50, 20 and 10 rupees. These are notes of the Mahatma Gandhi series and photographs of historical places are printed behind them.

 

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