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News India Live, Digital Desk: Currency Update: Recently, the decision of RBI (Reserve Bank of India) to get ₹ 2000 notes out of circulation made a lot of headlines across the country. People were afraid that the government would again shut old notes or bring any major changes in them? Meanwhile, now another big news is coming which is directly related to your daily transactions. RBI has made such a ‘big announcement’ about ₹ 100 and ₹ 500 notes, which has increased the curiosity of crores of Indians.

But don’t panic! This time the news is not going to be afraid, but to understand. This announcement is not about closing ₹ 100 and ₹ 500 notes, but their Status and quality It is about, so that the general public and banks are comfortable and the real-fake notes can be easily identified. RBI says that they are giving special emphasis on the quality of Indian currency and keeping it clean.

So what is RBI’s big update?

RBI has clarified that:

1. Clean Note Policy will continue: RBI will continue to prioritize its ‘clean note policy’. Under this policy, RBI ensures that the Indian market is in practice as maximum, maximum, unattured or dirty notes. This ensures that you and the bank, easily identify notes and reduce the risk of fraud.

2. Sorting and return of old and dirty notes: Bank machines will continue to remove old, mutilated, glued or more dirty notes from circulation. These notes are deposited by banks with RBI, where they are destroyed and new notes are printed. This means that the notes of ₹ 100 and ₹ 500 which are still in circulation, if they are not in good condition, they will be gradually taken out of the system and new, clean notes will be replaced by them.

3. ₹ 100 and ₹ 500 notes will be valid: The most important thing is that ₹ 100 and ₹ 500 notes will remain completely valid currency and have no intention to close them. Without these notes, everyday life and business will be almost stopping, so any rumor to close them is completely wrong.

   
   

What does the general public have to understand?

This is not an announcement of RBI’s ‘note change’, but part of a common monetary management. They are just making sure that we always have clean and authentic notes available.

• There is no need to worry about your ₹ 100 and ₹ 500 notes. They are valid and will be accepted everywhere.

• This is just the quality of currency and the process of maintaining ‘health’.

So next time a rumor spreads, do not panic! RBI always announces from official channels. This announcement clearly states that India’s economy is dependent on these notes and their recognition will remain completely, you will always get clean and good quality notes.

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