Have you come across messages claiming the Reserve Bank of India (RBI) is discontinuing old Rs. 100 notes? Worry not, because this information is entirely false! Let’s clear the air and ensure you have the most up-to-date information.
Understanding the Misinformation
Social media is often a breeding ground for misinformation. In this case, a post claiming the RBI is discontinuing old Rs. 100 notes and setting a deadline of March 31, 2024, for their exchange has been circulating. This claim lacks any basis in truth.
Factoring the Evidence
Here’s a breakdown of the evidence debunking this myth:
- No Official Announcement: The RBI hasn’t issued any official circular or social media post regarding the discontinuation of old Rs. 100 notes. A thorough search on the RBI’s official website yields no such information.
- Scrutinizing Social Media Posts: The claim often cites a post from July 19, 2018, on the RBI’s social media account. However, this post most likely referred to the introduction of a new Rs. 100 note design, not the discontinuation of older ones.
- Continuity of Old Notes: The RBI has clearly stated on multiple occasions that both old and new Rs. 100 notes are legal tender and will continue to be accepted for transactions.
The Importance of Verifying Information
In today’s digital age, it’s crucial to verify information before sharing it. Here are some tips:
- Rely on Credible Sources: Always check information with official sources like the RBI website or government press releases.
- Fact-Checking Websites: Utilize fact-checking websites to verify the authenticity of claims, especially those shared on social media.
- Look for Evidence: A genuine announcement will be backed by concrete evidence, such as official statements or press briefings.
Conclusion
Don’t be misled by misinformation. Old Rs. 100 notes remain legal tender in India. You can continue to use them for transactions without any worries. If you have any doubts, it’s always best to refer to the RBI’s official website or contact your bank for clarification.
