Rupees 500 Note, The government has made it clear that 500 rupee notes are neither shut down nor Atm Will stop getting out of. Recently social media and some media reports claimed that 500 rupee notes by the end of 2025 Atm Will not meet But the Finance Ministry replied in Parliament and put all these rumors a stop. The Ministry said that the Reserve Bank of India (Rbi) The purpose is to increase the number of small notes i.e. 100 rupees and 200 rupees. So that, the common people do not have any kind of problem.
What is the new instruction?
Rbi Has issued a circular on 28 April 2025, with all banks and white labels Atm Operators have been instructed that
Till 30 September 2025 , 75% of the country Atm In at least one cassette, 100 or 200 rupee notes should be removed.
Why is this change important?
Small notes are very important for small expenses like everyday shopping, taxi fare, vegetable-fruit. Many times now Atm The shopkeeper or customer has a holiday money problem when a note of 500 rupee is released from. Rbi Wants people directly Atm Get small notes from it, so that this problem is reduced.
What were the questions and answers in Parliament?
In the Rajya Sabha, MPs Yerme Venkat Subba Reddy and Milind Deora had asked whether the government is going to discontinue 500 rupee notes or Atm There is a plan to stop their dispensation from. In response, the Finance Ministry clearly stated that there is no proposal to stop the supply of 500 rupee notes. Atm In addition to 500 rupees, 100 and 200 rupee notes will also be available.