January 2, 2026 5:35 PM

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Government debunks claim on discontinuation of ₹500 notes

The government has debunked a social media account claiming that the Reserve Bank of India will discontinue the circulation of five-hundred-rupee notes by March this year. The fact-check unit of the Press Information Bureau has said that the claim is fake and no such announcement was made by the RBI. The unit also said that five-hundred-rupee notes are still legal tender.