Rs 500 Note Not Being Discontinued: PIB Fact Check Debunks Viral Claim

The Press Information Bureau (PIB) Fact Check unit has debunked a viral claim suggesting that the Rs 500 note is being discontinued. Through an official clarification, PIB stated that the claim circulating on social media platforms is false and misleading. The Reserve Bank of India (RBI) has not issued any notification or statement regarding the discontinuation of the Rs 500 currency note. This swift debunking aims to counter misinformation and prevent public panic or confusion related to currency validity. The PIB regularly performs such fact checks to ensure accurate information dissemination to the public.