These notes may be out of circulation (NoteBandi)
Big news has come about 100, 10 and 5 rupee notes. The Reserve Bank of India has informed that these notes may soon be out of circulation.
- January 24, 2021, 8:30 AM IST
According to the news of money control, B. Mahesh said this in the District Level Security Committee- DLSC meeting. Actually, new notes have already come into circulation in exchange of old notes of 100 rupees, 10 rupees and 5 rupees. In such a situation, if the old notes are closed, then people will not have any problem.
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The general public will not have problemsLet us tell you that the Reserve Bank of India has said that people had a lot of trouble at the time of demonetisation, then this time RBI will ensure that as many old notes are in circulation, as many new notes come in the market, so that people do not have any problem. And this series will not be stopped suddenly.
Learn what RBI said?
When the Reserve Bank of India issued 100 rupee notes in the year 2019, then it was clear that “all previously issued 100 rupee notes will also continue as legal tender”, besides the central bank demonetization on 8 November 2016. After Rs 2,000 notes in addition to Rs 2,000 were issued.
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To curb fake currency
Let us tell you that RBI keeps withdrawing old notes from time to time and continues to issue new notes. This step is taken by the RBI to check fake currency. After the official announcement, all the old notes which are closed later, have to be deposited in the band.