Wednesday , January 8 2025

Is RBI going to issue ₹5000 note? Know the truth of viral news

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After the demonetization of ₹2000 notes, a news is becoming increasingly viral on social media that the Reserve Bank of India (RBI) will soon new note of ₹5000 Is about to issue. Along with this news, the picture of ₹5000 note is also going viral. But is it true? Come, let us know the truth of this viral post.

Is new ₹5000 note being issued?

Fact-check unit of Government of India on viral news PIB (Press Information Bureau) Has given clarity.

  1. PIB Fact Check statement:
    • PIB has said that RBI is not issuing any such notes.
    • This news is completely fake.
  2. Currently prevalent notes:
    • Only ₹10, ₹20, ₹50, ₹100, ₹500, and ₹2000 notes are valid in the country. Legal Tender Are.
    • RBI had stopped printing ₹2000 notes in 2023. People have been appealed to deposit or exchange ₹2000 notes in banks.

What is written in the viral post on social media?

The viral post claims:

“5000 New Note. New notes of five thousand rupees are about to be issued. RBI has given this information. A new note of ₹5000 will be issued soon.”

Along with this message, a picture of ₹5000 note is also going viral.

PIB denied this news

  • PIB Fact Check Team has edited this post completely fake Told.
  • He has clarified on social media platforms (like X, Facebook) that the Reserve Bank of India has not announced the release of any such note.

Have there been ₹5000 notes before in India?

It is not that ₹5000 note was never printed in India.

  1. First printed in 1938:
    • ₹5000 notes were issued in 1938 during British rule.
    • But they were closed in 1946.
  2. After independence in 1954:
    • ₹5000 and ₹10,000 notes were reprinted in independent India in 1954.
    • However, in 1978 the then government demonetized the notes of ₹5000, ₹1000 and ₹10,000.

RBI and demonetization situation

  1. Demonetization of 2016:
    • Old notes of ₹500 and ₹1000 were demonetised.
    • After this a new note of ₹2000 was issued.
  2. ₹2000 note banned in 2023:
    • RBI will stop printing ₹2000 notes in 2023 and decided to withdraw them gradually.

Current Notes and Truths

  • The news of issuing ₹5000 note is fake.
  • At present only ₹10, ₹20, ₹50, ₹100, ₹500, and ₹2000 notes are valid in the country.