RBI Clears the Air: ₹10 and ₹20 Notes and Coins Will Remain in Circulation

In the past, there have been similar rumors, such as the circulation of fake ₹500 notes or the printing of ₹350 notes, which also spread widely on social media. These rumors sparked public anxiety, with many people worrying about the ban on large denomination notes or the possibility of fake currency being in circulation. As a result, the RBI and government officials were compelled to clarify these rumors and provide the truth.

Official Statement from the Government

Addressing the latest rumors, the government has clarified that the ₹10 notes and coins will continue to be in circulation. Furthermore, they have announced that if needed, more ₹10 notes and coins will be printed. The government also made it clear that no halt has been imposed on the printing of ₹20 notes, reassuring the public that they are still valid.

RBI’s Response to Social Media Misinformation

Officials have urged the public not to panic due to the fake news circulating on social media. They have assured people that official statements will be issued for any currency-related updates, and only such official announcements should be trusted.

New ₹20 Coins Coming Soon

In addition to clarifying the status of ₹10 notes, the government has also revealed plans for new ₹20 coins. They are considering producing these coins to match the already existing ₹10 coins, and it is expected that they will be released into circulation at a later date.

In response to the rumors, authorities have requested that people stay calm and only trust the official announcements regarding currency matters. The circulating fake news should be disregarded as the ₹10 and ₹20 notes and coins will remain in circulation for the time being.