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Last Updated:August 02, 2025, 14:09 is Since October 9, 2023, banks no longer exchange Rs 2,000 notes. However, the RBI still provides this service at its 19 issue offices, including New Delhi, Mumbai, Bengaluru, Bhopal The RBI withdrew the Rs 2,000 note under its ‘Clean Note Policy’, which aims to phase out old or rarely…
New Delhi: A viral YouTube video recently claimed that Rs 500 currency notes will stop being used from March next year. However, the Central government has dismissed these claims. In a post on X, the Press Information Bureau (PIB) clarified that the Reserve Bank of India (RBI) has made no such announcement, and Rs 500…
New Delhi: Andhra Pradesh Chief Minister N Chandrababu Naidu, urged the Centre to withdraw Rs 500 currency notes in a bid to clamp down on corruption. Chandrababu Naidu who is also the president of Telugu Desam Party (TDP), a BJP ally, made this request during the inaugural speech TDP Mahanadu –the party’s annual three-day mega…
New Currency Notes Out? The Reserve Bank of India is authorized to issue currency notes in India. The RBI not only replenishes the gaps created by torn notes but also issues new notes whenever required. After the 2016 demonetisation, the old Rs 500 and Rs 1,000 currency notes were phased out. The RBI then introduced…