RBI released new guidelines regarding Rs 100 note at 8 pm, see RBI Currency Updates as soon as possible
RBI Currency Updates
Recently, various rumors regarding the old ₹100 notes were circulating on social media. Many claimed that the Reserve Bank of India (RBI) had announced a deadline for exchanging these notes. These rumors created confusion and anxiety among the public. However, the RBI has now issued an official statement to clarify the situation.
RBI’s Clarification
In its clarification, the RBI stated that the news spreading on social media about the old ₹100 notes is completely false. The bank has confirmed that both the old and new ₹100 notes are still in circulation and can be used. The RBI also mentioned that no deadline has been set for exchanging these notes.
Validity of Old Notes
The Reserve Bank has clarified that the old ₹100 notes are fully valid and can be used for daily transactions. The bank has appealed to the public not to pay attention to these rumors and to continue using their old notes without hesitation.
Note Exchange Process
If someone has an old or damaged ₹100 note, they can exchange it at any bank branch. The RBI has clarified that there is no fee for this process, and no time limit has been set for exchanging the notes.
New Notes Issued in 2018
It’s important to remember that in 2018, after the demonetization, the RBI issued a new ₹100 note. This note is slightly smaller than the old one and has a different color. The RBI has stated that these new notes are also in circulation alongside the old notes.
RBI’s Clarification
The RBI’s clarification makes it clear that there is no need for concern regarding the old ₹100 notes. These notes are completely valid and can be used. The bank has urged people to disregard such rumors and to rely solely on official information.
This incident reminds us to be cautious about news that spreads on social media. In any significant economic matter, we should always seek information from official sources. Institutions like the RBI regularly issue such clarifications that should be read and understood carefully.
In conclusion, it is appropriate to say that citizens should remain informed about financial matters and avoid rumors. In the case of ₹100 notes, people can continue their daily transactions without worry, as both old and new notes are fully valid and in circulation.
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