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Fake Video Online About Rs 500 Bank Note: Government's Fact-Check

Fake Video Online About Rs 500 Bank Note: Government's Fact-Check

NDTV
Tuesday, December 07, 2021 08:55:47 AM UTC

The government has made clear that the RBI accepts both kinds of Rs 500 currency notes, irrespective of the position of the ribbon on them.

The government has alerted people about a video circulating online that warns against accepting a specific kind of Rs 500 note.  

As per the video, Rs 500 notes that have the RBI and Bharat (in Hindi) inscriptions on the security thread closer to the portrait of Mahatma Gandhi are counterfeit. It asks people to accept only Rs 500 notes that have the RBI-printed ribbon away from the portrait and closer to the signature of the RBI governor. In an update on Instagram, the Press Information Bureau's fact check handle has said that this video is fake.

The government has made clear that the RBI accepts both kinds of currency notes, irrespective of the position of the ribbon on them. “A video is claiming that people should not accept a Rs 500 note which has the green ribbon closer to Gandhiji's portrait, instead of the RBI governor's signature,” said the PIB post in Hindi. It added that this video is fake and the RBI accepts both kinds of Rs 500 notes.

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