RBI's clarification on missing 500 notes valued at Rs 88,032 cr
On that note RBI says that reports which have been circulated in the media regarding the missing Rs 500 notes are not correct.
New Delhi: India' s Central Bank the Reserve Bank of India gave clarification on the missing notes of 500 currency.
On that note RBI says that reports which have been circulated in the media regarding the missing Rs 500 notes are not correct.
Those reports are based on wrong information collected under RTI Act, 2005 from printing presses.
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RBI in its recently shared release said that, The Reserve Bank of India (RBI) has come across reports circulating in certain sections of the media alleging missing of banknotes printed by banknote printing presses. The RBI emphasizes that these reports are not correct.
These reports are based on erroneous interpretation of information collected under the Right to Information Act, 2005 from the printing presses. It may be noted that all banknotes supplied from printing presses to RBI are properly accounted for.
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Members of the public are, therefore, requested to rely on the information published by RBI from time to time in such matters, it added.
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