PIB fact check debunks viral claim about RBI withdrawing paper currency by June 30
India, June 10 -- The Government of India has dismissed social media claims suggesting that the Reserve Bank of India (Reserve Bank of India) will withdraw all paper currency notes and replace them with plastic notes by June 30, 2026.
Officials clarified that the viral messages circulating across social media platforms are completely false and no such directive has been issued by the central bank. Existing paper currency will continue to remain valid and in circulation.
The Press Information Bureau (Press Information Bureau) Fact Check unit flagged the claims as baseless and urged citizens not to believe or forward unverified information.
In a post on X, PIB Fact Check said several social media messages were falsely claiming that the R...
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