FACT CHECK: No, RBI has not stopped circulating Rs 2000 notes
A post is viral on social media with the claim that the Reserve Bank of India (RBI) has stopped the supply of Rs 2,000 currency....
By Misha Rajani Published on 5 Dec 2020 11:19 AM GMT
Hyderabad: A post is viral on social media with the claim that the Reserve Bank of India (RBI) has stopped the supply of Rs 2,000 currency notes and only Rs 100, Rs 200, and Rs 500 currency notes can be withdrawn from ATMs.
"Now Rs 2,000 notes won't be available in ATMs. The Reserve Bank has stopped issuing Rs 2,000 notes. Banks have started removing Rs 2,000 note calibers from ATMs. It has been started by the Central Bank of India, which has removed Rs 2,000 note calibers from 58 ATMs. Other banks are also saying that only Rs 100, Rs 200 and Rs 500 notes are being loaded in ATMs," read the message
However, we found a tweet by the Press Information Bureau (PIB) that denied the false news. The tweet clearly states that the news of stopping the circulation of Rs 2000 notes is fake.