FACT CHECK: No, RBI has not stopped circulating Rs 2000 notes
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India (RBI) has stopped the supply of Rs 2,000 currency notes and only Rs 100, Rs 200, and Rs 500 currency notes can be withdrawn from ATMs.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
FACT CHECK:
NewsMeter found no such report that proved the claim to be true. We also searched for official statements on the website of the RBI and found no such notifications. (All official notifications by the RBI can be accessed here)
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.
#PIBFactCheck
— PIB India (@PIB_India) December 5, 2019
Claim: Whatsapp msgs/YouTube channels claim that RBI is releasing new ₹ 1000 notes and discontinuing the ₹ 2000 notes.
Reality: There is no such announcement by @RBI.
Conclusion: #FakeNews pic.twitter.com/6JBRftMf7z
Hence, it is clear that the claim is false and that the circulation of the notes has not been stopped.
Claim Review : RBI has stopped circulating Rs 2000 notes
Claimed By : Social Media Users
Fact Check : False
Misha Rajani
Misha Rajani is currently a Freelance Fact Checker at Newsmeter. She is pursuing her post graduation in M. A. Mass Communication and Journalism from St Francis College for Women. She has written a thesis on " Role of social media in highlighting injustice ". Misha has a zeal for learning and writing news articles and apart from this, she is interested in video editing and graphic designing.
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