Fact Check: No, Rs 2,000 Currency Notes Will Not Be Discontinued From December 31

Published : 29 Nov 2019 12:22 PM GMT
Fact Check: No, Rs 2,000 Currency Notes Will Not Be Discontinued From December 31

A message regarding the discontinuation of Rs 2000 banknotes is going viral on all the major social media platforms like Facebook and twitter.

The message states that the Reserve Bank of India (RBI) will soon discontinue the Rs 2000 currency notes. The viral message also states that a new version of Rs 1000 currency notes will soon be introduced after January 1, 2020. The information builds on the information when the Reserve Bank of India (RBI) confirmed in reply to an RTI query that it did not print any Rs 2000 note in this current financial year.

2000 note ban

Ravi Kr ಅವರಿಂದ ಈ ದಿನದಂದು ಪೋಸ್ಟ್ ಮಾಡಲಾಗಿದೆ ಬುಧವಾರ, ನವೆಂಬರ್ 13, 2019


Rs 2000 notes will be discontinued from December 31, 2019, and new Rs 1000 notes will be introduced from 1st January 2020.

Fact Check

Official information related to discontinuation of notes should come from either from RBI officially or from the government of India. After searching we didn’t came across any such notifications from RBI regarding the same. The note ban or discontinuation of notes are completely different to the discontinuation of its printing Rs 2000 note, which still continues to be a legal tender.

The latest list of RBI’s notification can be easily found on the internet.

Demonetization in India was implemented on 8th November where the existing Rs 500 and Rs 1000 banknotes were banned and new currency notes of Rs 500 and Rs 2000 were introduced.

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Also read: Fact Check: Old Photo Of Students’ Protest Against RSS Goes Viral As New

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