Amid speculations and reports doing round that the circulation of old currency notes of Rs 100, 10 and 5 would stop permanently by March-April, the Reserve Bank of India (RBI) said that the Central bank has no such plans and termed the report as 'fake'. An RBI spokesperson thrashed such false reports and clarified that they are not planning any such move. However, there is no official confirmation from RBI as of yet on the matter.
Amid speculations and reports doing round that the circulation of old currency notes of Rs 100, 10 and 5 would stop permanently by March-April, the Reserve Bank of India (RBI) said that the Central bank has no such plans and termed the report as 'fake'. An RBI spokesperson thrashed such false reports and clarified that they are not planning any such move. However, there is no official confirmation from RBI as of yet on the matter.