Published On: Mon, Jan 25th, 2021

RBI refutes reports of withdrawal of old Rs 100, Rs 10, Rs 5 notes

Mumbai, Jan 25 (PTI) The Reserve Bank of India (RBI) on Monday refuted reports of withdrawal of old series of Rs 100, Rs 10 and Rs 5 currency notes.

RBI today quashed news reports that the old series of Rs 100, Rs 10 and Rs 5 denomination notes will be demonetised by March-April this year.

“With regard to reports in certain sections of media on withdrawal of old series of Rs 100, Rs 10 & Rs 5 banknotes from circulation in near future, it is clarified that such reports are incorrect,” the RBI said in a tweet.

While announcing the issuance of new Rs 100 denomination banknotes with base colour Lavender in July 2018, RBI had said banknotes in the denomination of Rs 100 issued by it in the earlier series will continue to be legal tender.


Disclaimer :- This story has not been edited by The Sen Times staff and is auto-generated from news agency feeds. Source: PTI


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