The central government on Tuesday once again clarified that there is no proposal under consideration to stop the supply of ₹ 500 banknotes. This information was given in Parliament by Minister of State for Finance Pankaj Chaudhary. According to PTI news, he said that the distribution of ₹ 500 notes from ATMs will continue as before. Apart from this, concrete efforts are also being made to increase the availability of ₹ 100 and ₹ 200 denomination notes.

In a written reply in the Rajya Sabha, the minister said that the Reserve Bank of India (RBI) has issued a circular on April 28, 2025. In this, all banks and white label ATM operators have been directed to ensure regular stocking of ₹ 100 and ₹ 200 notes in their ATMs, so that the general public can easily get cash of small denominations.

Emphasis on getting ₹ 100 or ₹ 200 notes

According to the news, RBI guidelines state that by September 30, 2025, 75% of the country’s ATMs should dispense at least one cassette of ₹ 100 or ₹ 200 notes. This target will be increased to 90% ATMs by March 31, 2026. In response to another question, Chaudhary said that the Securities and Exchange Board of India (SEBI) has investigated 76 cases during the last five years (April 2020 to March 2025). Disgorgement amount of ₹ 949.43 crore has been recovered from these cases. Here, disgorgement is the process in which illegally obtained profits are confiscated. The Minister of State said that several central agencies and enforcement bodies are actively working to prevent investment fraud.

Investigation of about 220 such cases has started

The Central Board of Direct Taxes (CBDT) has also identified 9 cases related to multi-level marketing scams in the last five years. The Enforcement Directorate (ED) has initiated investigations into about 220 cases under the Prevention of Money Laundering Act (PMLA), 2002, between January 1, 2020 and July 30, 2025, which are related to investment fraud. The government also clarified that there is currently no legal control on crypto assets, but thousands of complaints are being received on the RBI-SACHET portal regarding unauthorized investment schemes.

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A fake 500 rupee note has come in the market which looks exactly like the real one. The Home Ministry has also expressed concern over this and has issued a high alert. The government has warned that these fake 500 rupee notes look quite similar to the real ones and it is difficult to differentiate between them in general, but the government has given some identification marks with the help of which it will be possible to identify fake notes. So, if you get hold of such fake notes, then it will be easy to identify them with the help of these.

The Home Ministry has issued a high alert saying that a new type of fake Rs 500 notes are circulating in the market. This alert has been shared with major financial and regulatory bodies like DRI, FIU, CBI, NIA, SEBI. The alert warns that the fake notes are very similar to the real notes in terms of quality and print, making them difficult to identify. Their color and texture are also very similar to the real notes.

What is the difference between the two notes?

The Home Ministry has said that although the fake notes are very similar to the real 500 rupee notes, there is a spelling mistake in it, due to which it can be identified. In the fake 500 rupee note, this mistake is in the sentence ‘RESERVE BANK OF INDIA’, where ‘A’ has been written by mistake instead of ‘E’ in ‘RESERVE’.

A small mistake and you will suffer loss.

A senior official said that this small mistake can be missed by any eye. This is the reason why these fake notes are considered very dangerous and are becoming viral in the market very fast. The government has also issued a high alert to banks and other financial institutions and has also issued pictures to them to identify fake currency. Banks have been told to inform the investigation agencies as soon as they come across such notes.

A large consignment of fake notes has already reached the market

Agencies have warned that a large consignment of fake notes has already reached the market. Therefore, officials have urged citizens and institutions to be vigilant and report any suspicious currency. They say that it is not possible for any agency to know how many fake notes are circulating in the market. This is the reason why the Home Ministry is very concerned about this and has also asked people to remain alert.

The government has created a system to detect fake notes.

The government is constantly updating the system to identify fake notes and prevent them from entering the market. The government said that National Investigation Agency (NIA), FICN Coordination Group (FCORD) and Terror Financing and Fake Currency (TFFC) Cell have also been formed to prevent this. Apart from this, machines have been installed in all bank branches/identified back offices and currency chest branches to detect fake notes.

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Know what RBI said

In a statement issued by RBI, the star mark has been added to the number panel on the note to be issued in place of the wrongly printed note. Seeing this star mark, some people compared it to another 500 rupee note and called it fake or illegal, after which RBI took cognizance and gave information.

Reserve Bank of India clarifies on Star Series Banknoteshttps://t.co/BFBYLbH8Ao

— ReserveBankOfIndia (@RBI) July 27, 2023

The Reserve Bank said that notes with a star mark are issued instead of wrongly printed notes in a bundle of notes with serial numbers. This star mark is placed between the number of the note and the letters to be entered before it.

What is the meaning of the star mark on the note?

The Reserve Bank made it clear that the bank note with the star mark is like any other legal tender. Its star mark simply shows that it has been issued in place of a changed or reprinted note. Let us tell you that the trend of star note was started in the year 2006 to make the printing of notes easier and reduce the cost. Earlier, the Reserve Bank used to replace the wrongly printed note with the correct note of the same number.

Check RBI official Notification 

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Now the Finance Ministry has said a big thing about currency notes in the Lok Sabha. So you also know whether the government is now taking a decision to withdraw the Rs 500 note from circulation…? The Ministry of Finance has given a big update on the notes of 500, 1000, 2000 rupees in the Lok Sabha.

September 30 is the last date

According to the information received from the Reserve Bank, till September 30, 2023, you can exchange the 2000 rupee note. The Finance Ministry told the Lok Sabha that the deadline to exchange Rs 2000 notes in banks is till September 30, 2023, and the government is not considering any proposal to extend it further.

Will 500 note also be banned?

Let us tell you that the media has asked the Finance Ministry whether the government will also stop the Rs 500 note to curb black money…? Let us tell you that the government is closing the big notes to stop black money. At present, Rs 500 denomination note is the biggest in the market, so can the Rs 500 note also be banned in the coming days? At present, the Finance Ministry has said that no such scheme has been considered.

Demonetisation happened for the first time in 2016

Modi government had taken the decision of demonetisation for the first time in the year 2016, in which it was decided to close the notes of 500 and 1000 rupees, after which the general public had to face a lot of trouble. Now recently, the government has decided to take out the Rs 2000 note from circulation, after which the question is coming up whether the government can once again bring back the Rs 1000 note. On this too, the Finance Ministry has said that at present no such scheme has been considered.

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Several major decisions have been taken by the Central Government and RBI regarding the notes. In the first year 2016, demonetisation took place, after that new notes of Rs 2000 were issued in the market and now once again it has been decided to withdraw Rs 2000 notes (2000 Rupees Note). You have time till September 30 to deposit the 2000 note. Meanwhile, now big news is coming out on 1000 and 500 rupee notes. RBI Governor Shaktikanta Das has issued a statement regarding Rs 1000 note.

Will 1000 rupee note be issued?

After taking out the 2000 rupee note from circulation, the question was coming in everyone’s mind that now will RBI issue a new note of 1000 rupees? Or else the Rs 500 note will become the biggest note in the country.

Sufficient notes are available in the market,

the RBI governor has said at this time that the government has no plans to issue Rs 1000 notes at present. At present, there are enough notes of other denominations in the market, so there is no plan to introduce any new notes in the market. After September 30, when Rs 2000 notes will be out of circulation, then it will be seen what to do.

Many types of questions are being raised on social media

Ever since the news of Rs 2000 note being out of circulation, many types of questions were being raised in people’s mind regarding Rs 1000 note. Such news has been seen many times on social media, which is being denied by RBI every time.

It is not necessary that any new currency should come in the market, ahead of this, the RBI governor said that removing any currency from the market does not mean that any new currency should be brought in the market. However, for large transactions in the system, it is necessary to have large bank notes.

In such a situation, if Rs 500 note remains the biggest currency, then surely it is going to be thought. Now whether new notes will come or not will have to wait.

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The viral message says, “Don’t accept ₹500 notes with the green stripe near Gandhiji, as they are fake. Accept only those ₹500 notes in which the green stripe is near the signature of the RBI Governor.” Forward this message to your family and friends.”

If you have also received such a message, do not fall into its trap. This claim is wrong and according to RBI both types of notes are valid. PIB Fact Check has warned people about this by tweeting.

Before holding a ₹ 500 note, it is very important to identify whether it is genuine or not. RBI has given 17 identification marks to identify the note. By looking at these symbols, you can also identify the original and fake ₹ 500 notes. The difference between them is quite minor, but if you pay attention, it will be easy to identify.

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How to identify original ₹500 note

• If the note is kept in front of a light, then 500 will be seen written at this place.
• 500 will be seen written at this place when the note is held in front of the eye at an angle of 45 degrees.
• 500 written in Devanagari will appear at this place.
• The picture of Mahatma Gandhi has been shown right in the center.
• The letters of Bharat and India will be visible.
• If the note is slightly bent, the color of the security thread will be seen changing from green to blue.
• The Governor’s signature, guarantee clause, promise clause and the RBI logo have shifted to the right as compared to the old note.
• There is a picture of Mahatma Gandhi and electrotype watermark will also be visible.
• Left side at the top and right side at the bottom. Numbers increase from left to right.
• The color of the number 500 written here changes. Its color varies from green to blue.
• Right side is Ashoka pillar.
• Right side circle box with 500 written on it, 5 bleed lines on right and left side and Ashoka Pillar emblem, Mahatma Gandhi’s picture roughly printed on it.
• The year of printing of the note is written.
• The logo of Swachh Bharat is printed along with the slogan.
• There is a language panel towards the center.
• Picture of Red Fort with Indian Flag is printed.
• There are 500 prints in Devanagari.

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On behalf of the Bombay High Court, a big thing has been said about the notes being circulated across the country that suggestions have been taken from the experts in the court to make the country’s currency and coins more accessible to the visually impaired people. Only after such suggestions can new types of notes be issued.

RBI has also made some changes related to touch in notes so that blind people can easily identify rupee or coin easily. and be able to recognize the difference. After the suggestion of the expert, efforts are being made to make changes in the rupee or coin according to the visually impaired people.

With this RBI has recently updated the MANI App. After the update, 11 languages ​​can be supported in it. Earlier it had only Hindi and English language. The app will now be available in Bengali, Gujarati, Kannada, Malayalam, Urdu, Assamese, Punjabi, Tamil, Telugu, Marathi and Oriya languages. With this this app is completely free.

Let us tell you that this app was launched by the Reserve Bank in 2020. Its purpose was to remove the problems of the visually impaired in identifying the note. With the help of this app any person can easily identify the notes. With the help of this app, which note is in the hand of the person, it can be known.

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