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RBI exchange claims for old Rs 500 and Rs 1000 notes are false
Economy
Published on 24 April 2026
The viral post is wrong and RBI has not updated rules
Social media is circulating claims that the RBI has introduced new rules to exchange old Rs 500 and Rs 1,000 notes. RBI has not announced such changes according to the report. The publication urges readers to ignore unverified posts and check only official RBI communications or the RBI website for any updates on currency exchange and banking regulations.
- Viral posts claim new RBI rules for old Rs 500 and Rs 1,000
- These claims are reported to be false
- RBI has not announced any such exchange changes
- Readers should verify only via official RBI sources
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times