Know What RBI Said in the Controversy over the Disappearance of Rs 500 Notes
In a recent controversy, an RTI activist claimed that lakhs of Rs 500 notes with the new design are missing, with a value of Rs 88,032.5 crore. However, RBI stated that the information given in the RTI has been misinterpreted. RBI said that every note given to RBI from the printing press is counted, and there is a strong system for this. RBI also advised people to rely only on the information provided by the Reserve Bank in such matters. RBI further stated that whatever notes are printed in the printing press, they are completely secure. The production, storage, and distribution of these banknotes are monitored by the RBI with complete protocols, and a robust system is in place for this.
Key Takeaways:
– An RTI activist claimed that lakhs of Rs 500 notes with the new design are missing, with a value of Rs 88,032.5 crore.
– RBI stated that the information given in the RTI has been misinterpreted.
– RBI advised people to rely only on the information provided by the Reserve Bank in such matters.
– RBI stated that whatever notes are printed in the printing press, they are completely secure, and a robust system is in place for this.
The controversy over the missing Rs 500 notes has caused confusion among the public. However, RBI has clarified its stance and assured the public that there is no need to worry about the security of banknotes. The RBI has always been committed to ensuring the safety and security of India’s monetary system, and it will continue to do so in the future.
Follow DelhiBreakings on Google News
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com
