Old notes of Rs 100, 10 and 5 may go out of circulation after March

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Deal Major
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Old notes of Rs 100, 10 and 5 may go out of circulation after March

The RBI is yet to issue an official statement on withdrawal of old currency notes of Rs 100, 10 and 5. However, several media reports have quoted an RBI official stating that these notes will go out of circulation as the apex bank plans to withdraw them by March-April.

https://zeenews.india.com/india/breaking-old-no...

Old Rs 100 to go out of circulation after March

In what comes as a recent development, the Reserve Bank of India is planning to withdraw the old currency notes of Rs 100, 10 and Rs 5. The notes will reportedly go out of circulation by the end of March or April as the top bank is planning to withdraw them permanently.

As reported by several media publications, Assistant General Manager of the Reserve Bank of India B Mahesh while speaking at the District Level Security Committee and District Level Currency Management Committee meeting, stated that the old currency notes of Rs 100, Rs 10 and Rs 5 will eventually go out of circulation as RBI plans to withdraw them by March-April.

It is to be noted that the new notes of Rs 100, 10 and 5 have already come into circulation in exchange for the old notes.

https://news.rediff.com/commentary/2021/jan/23/...

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Super Stud Super Stud
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Not possible to withdraw 10 rupee note.
If the govt. is doing it. They should stop taking whatever weed they are taking.
Practically every individual has 10 rupee note in old currency. Some retailers keep 1-2 bundles for change

Shopping Friend Shopping Friend
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Very true

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Pro Community Angel Pro Community Angel
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Havent seen or touched any note (literally) since march smile

Critic Critic
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Government is like your typical indian neighbor who anyhow finds different different ways to trouble you now and then..

Deal Major Deal Major
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the title itself says “May go out of circulation” and no where it was mentioned its an official notification or confirmation by RBI

The RBI is yet to issue an official statement on withdrawal of old currency notes of Rs 100, 10 and 5. However, several media reports have quoted an RBI official stating that these notes will go out of circulation as the apex bank plans to withdraw them by March-April.

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