Chandigarh, January 16, 2025 : You must remember the day of demonetization. After that, you also saw how the RBI slowly withdrew ₹2000 notes from circulation. Now, reports are coming in that the government may take similar action regarding ₹200 notes. If you didn’t know, let us tell you that currently ₹500 and ₹200 notes are the most circulated in the market. You must have also noticed that almost everyone has either a ₹200 or ₹500 note in their pocket.
So, is the Modi government planning to discontinue this note? The Reserve Bank of India has given an important update on this. A notification has also been issued by the RBI regarding this. What does the notification say? You will be surprised to know.
What does the RBI say? The RBI says that after the ban on ₹2000 notes, the circulation of fake ₹200 and ₹500 notes has been increasing in the country. The Reserve Bank of India has warned people to be extra cautious while handling transactions. Is there a fake ₹200 note in your pocket?
How can you check if the ₹200 note in your pocket is fake or not? To know this, you need to recognize certain features. On the ₹200 note, on the left side, “200” is written in Devanagari script. In the middle, there is a very clear image of Mahatma Gandhi, and “RBI,” “India,” “India,” and “200” are written. On the right side, there is the Ashoka Pillar symbol.
To stop the circulation of fake notes, the Reserve Bank of India has appealed to the public to stay alert. The RBI has advised people to carefully examine the notes during transactions. The RBI has said that if anyone gets a fake note, they should immediately take it to the local authorities or the concerned bank officials.
Summary: The RBI has warned about increasing circulation of fake ₹200 and ₹500 notes after the ₹2000 note ban. It urges the public to stay cautious and check notes carefully