RBI Issues New Rules For Exchanging Old Discontinued INR 500 & INR 1000 Banknotes? Know The Truth

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A post claiming that the Reserve Bank of India (RBI) has issued new rules to exchange the old discontinued ₹500 and ₹1000 banknotes is going viral. But is this true? Let’s find out. The Press Information Bureau (PIB) fact-check team has confirmed that this claim is false. PIB stated that the he RBI has not issued any new directions for exchanging those denominations. The viral post states that you must act soon or the notes will become worthless. However, no such deadline is in place for the ₹500/₹1000 notes. Always refer to the RBI’s official website or authorised channels for updates.  Disclaimer: This video uses AI-generated visuals and voice for representation. Script and facts are human-researched.  #FactCheck #RBI #CurrencyExchange #ReserveBankofIndia #500Note #FakeRule #FakeNews

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00:00Subscribe to our channel, press the bell icon and never miss an update from Latestly.

00:04A viral post claims the Reserve Bank of India has introduced new rules to exchange the old

00:11500 rupee and 1000 rupee notes. Let's verify the truth.

00:30According to viral messages and some news articles, RBI has reopened exchange for old 500 rupee and 1000 rupee notes, calling it a last chance.

00:41But the government's Fact Check Wing, Press Information Bureau or PIB Fact Check has debunked this claim.

00:49RBI has not issued any new rule for exchanging those discontinued notes.

00:55So, what's the truth? The claim is false.

00:58RBI has not reopened any exchange window for 500 rupee and 1000 rupee notes.

01:05Always verify such finance-related claims with the official RBI website or the PIB Fact Check handle before sharing.

01:14Stay smart, stay alert and don't let fake news fool you.

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