The RBI governor has said that the central bank has no plans to withdraw Rs 500 notes and re-issue Rs 1000 notes. He has advised people to avoid such speculations.
The Reserve Bank of India (RBI) had recently announced the withdrawal of 2000 rupees notes. Since then, the market of rumors regarding the notes of Rs 500 (500 rupees notes) and Rs 1000 (1000 rupees notes) is hot. Reserve Bank of India Governor Shaktikanta Das (RBI Gov Shaktikant das) has told the truth on Thursday morning. The RBI governor has said that the central bank has no plans to withdraw Rs 500 notes and re-issue Rs 1000 notes. He has advised people to avoid such speculations.