Rs 500

Fake currency notes of Rs 500 & Rs 2,000 surge threefold in 3 years: FinMin

Finance Ministry data shows a fourfold rise in fake Rs 500 notes since 2018 and Rs 2,000 counterfeits tripled since 2021

Reports of missing Rs 500 notes based on erroneous information, says RBI

"The RBI emphasizes that these reports are not correct," the regulator said in a press release

Top headlines: RBI on Rs 500 notes report, India to have 40% of workforce

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Reports of missing Rs 500 notes based on erroneous information, says RBI

Following these claims, the central bank has urged the public to rely on the information published by itself in cases pertaining to such matters

Digital transactions in India highest in world but why is cash still king?

The Reserve Bank of India believes that households in India hold more high-value currency notes at home while substituting lower-value notes with digital transactions

Man gets Rs 500 notes with one-side blank in Madhya Pradesh

The bank officials said the misprinted notes were received as such from RBI

Rs 500, Rs 1,000 notes can be used for paying water, electricity bills

You can also use them to pay taxes, penalty and fees to govt till midnight of November 11. Economic Affairs Secretary Shaktikanta Das today tweeted: "Old 500, Rs 1000 notes to be accepted for payment of fees, charges, taxes, penalty to central and state governments, including municipalities and local bodies." Such old notes to be accepted for payment of utility charges like water and electricity, he said. "Above facilities to be available till November 11 midnight. Records to be maintained," Das tweeted. Exemptions have also been made for payments at government hospitals, milk booths, ...