Diwali cash crunch? PIB flags fake RBI message
A message claiming small-denomination currency notes may run short during Diwali has been circulating on WhatsApp. PIB Fact Check has declared this message as false, stating the Reserve Bank of India (RBI) has not made any such announcement. The fraudulent message purportedly appeared as an RBI circular dated October 27, 2026, warning of inadequate supply of Rs 10, Rs 20, and Rs 50 notes during the festival season.
It urged people to use digital payment methods instead of cash and included the RBI logo and a forged press release number. To avoid falling for misleading claims, people are advised to verify information through official sources and refrain from forwarding unverified messages.
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