#rbi
rbi
60,982 views
125 Discussing
Hot
Latest
The Ministry of Finance #India has requested that the RBI and SEBI regulate crypto is not true according to an official clarification from the Government of India. However, discussions about crypto regulation in India are indeed ongoing at the level of parliament and regulators, so policy changes in the future remain possible.
For the global crypto market, if India ultimately chooses regulation (rather than a ban), sentiment is likely to turn bullish, as India is one of the countries with the largest crypto user base in the world. Conversely, if India follows the RBI’s recommendation to tighten or restrict access to crypto, the impact would be more bearish, especially for exchanges with large exposure to the Indian market.
#RBI #SEBI
For the global crypto market, if India ultimately chooses regulation (rather than a ban), sentiment is likely to turn bullish, as India is one of the countries with the largest crypto user base in the world. Conversely, if India follows the RBI’s recommendation to tighten or restrict access to crypto, the impact would be more bearish, especially for exchanges with large exposure to the Indian market.
#RBI #SEBI
$BTC RBI is back on the offensive.
India’s central bank just told lawmakers it wants banks fully insulated from crypto and private stablecoins — while still keeping the door open for regulated tokenization of bonds and govt securities.
In plain language:
-> No crypto in payments and settlements.
-> No direct bank exposure to BTC, stablecoins or other private tokens.
-> Tokenized “real-world” assets can stay, speculative coins stay outside the banking wall.
This is the 2018 containment playbook all over again: choke off banking rails, avoid an outright ban — now refreshed for a world where India ranks at the top of global crypto adoption indexes.
If you’re building or trading in India, the message is clear:
-> Use compliant rails, separate your bank stack from pure crypto risk,
and expect tokenization, not private crypto, to get the friendlier policy treatment.
#India #RBI #BTC #bitcoin
India’s central bank just told lawmakers it wants banks fully insulated from crypto and private stablecoins — while still keeping the door open for regulated tokenization of bonds and govt securities.
In plain language:
-> No crypto in payments and settlements.
-> No direct bank exposure to BTC, stablecoins or other private tokens.
-> Tokenized “real-world” assets can stay, speculative coins stay outside the banking wall.
This is the 2018 containment playbook all over again: choke off banking rails, avoid an outright ban — now refreshed for a world where India ranks at the top of global crypto adoption indexes.
If you’re building or trading in India, the message is clear:
-> Use compliant rails, separate your bank stack from pure crypto risk,
and expect tokenization, not private crypto, to get the friendlier policy treatment.
#India #RBI #BTC #bitcoin
🚨 RBI Cracks Down on Crypto, Supports Tokenization!🇮🇳
The RBI has clearly stated that cryptocurrencies should not be used for payments and that banks should remain completely separate (isolated) to avoid contagion risk.
On the other hand, the RBI has fully supported Real World Asset (RWA) tokenization. According to the RBI, within a regulated framework, tokenized government bonds and corporate securities can be developed, which will encourage financial innovation.
Strategic Advice: This stance of the RBI makes it clear that speculative private crypto in India will always face setbacks, but legal growth related to real-world asset tokenization (RWA) and blockchain infrastructure is expected to come very rapidly.
Do you think the RBI’s decision to keep banks away from crypto is the right one? 👇
#RBI #RBIcryptoRevolution #RBICryptoUpdate #RWA! #TOKENIZED $BTC
$SOL
$ETH
The RBI has clearly stated that cryptocurrencies should not be used for payments and that banks should remain completely separate (isolated) to avoid contagion risk.
On the other hand, the RBI has fully supported Real World Asset (RWA) tokenization. According to the RBI, within a regulated framework, tokenized government bonds and corporate securities can be developed, which will encourage financial innovation.
Strategic Advice: This stance of the RBI makes it clear that speculative private crypto in India will always face setbacks, but legal growth related to real-world asset tokenization (RWA) and blockchain infrastructure is expected to come very rapidly.
Do you think the RBI’s decision to keep banks away from crypto is the right one? 👇
#RBI #RBIcryptoRevolution #RBICryptoUpdate #RWA! #TOKENIZED $BTC
$SOL
$ETH
RBI cools rate-hike expectations as Governor Sanjay Malhotra says it is too early to discuss a new tightening cycle
🏦 RBI Governor Sanjay Malhotra said it is premature to talk about rate hikes at this stage, while India’s central bank continues to maintain a neutral policy stance.
📉 The message helps ease concerns that the RBI could shift quickly toward tighter policy, especially as markets remain focused on oil-price risks and a stronger US dollar.
🛢️ The RBI is still closely watching crude oil prices and the monsoon season, two key factors that could directly affect inflation in India if conditions turn unfavorable.
📌 Overall, the remarks carry a mildly dovish tone in the short term, supporting sentiment toward bonds and risk assets, but they do not fully remove inflation risks if external pressure returns.
#RBI $ID $IN $A
🏦 RBI Governor Sanjay Malhotra said it is premature to talk about rate hikes at this stage, while India’s central bank continues to maintain a neutral policy stance.
📉 The message helps ease concerns that the RBI could shift quickly toward tighter policy, especially as markets remain focused on oil-price risks and a stronger US dollar.
🛢️ The RBI is still closely watching crude oil prices and the monsoon season, two key factors that could directly affect inflation in India if conditions turn unfavorable.
📌 Overall, the remarks carry a mildly dovish tone in the short term, supporting sentiment toward bonds and risk assets, but they do not fully remove inflation risks if external pressure returns.
#RBI $ID $IN $A
🇮🇳 India May Have Made a Major Gold Move
According to Bloomberg, the Reserve Bank of India (RBI) likely sold around $12 billion worth of gold reserves while simultaneously purchasing $7.5 billion in foreign-currency assets.
Why does this matter?
The move comes at a time when rising oil prices and capital outflows are putting pressure on the Indian rupee. By adjusting its reserve holdings, the RBI may be taking steps to strengthen liquidity and manage growing economic challenges.
📉 Gold Sold: $12 Billion
💵 Foreign Assets Bought: $7.5 Billion
⛽ Higher Oil Prices Increasing Pressure
💸 Capital Outflows Affecting the Rupee
Gold is often viewed as a safe-haven asset, so any large-scale change in central bank reserves immediately grabs market attention. Traders, economists, and investors are now watching closely to understand what this could signal for India's financial strategy.
👀 Is this a temporary adjustment, or the start of a broader shift in reserve management?
One thing is clear: when a major economy moves billions in reserves, global markets take notice.
⚡ Big money. Big decisions. Big impact.
$HOME
$BSB
#India #RBI #Gold #Economy #Markets #Finance #Investing #Rupee #GlobalMarkets
According to Bloomberg, the Reserve Bank of India (RBI) likely sold around $12 billion worth of gold reserves while simultaneously purchasing $7.5 billion in foreign-currency assets.
Why does this matter?
The move comes at a time when rising oil prices and capital outflows are putting pressure on the Indian rupee. By adjusting its reserve holdings, the RBI may be taking steps to strengthen liquidity and manage growing economic challenges.
📉 Gold Sold: $12 Billion
💵 Foreign Assets Bought: $7.5 Billion
⛽ Higher Oil Prices Increasing Pressure
💸 Capital Outflows Affecting the Rupee
Gold is often viewed as a safe-haven asset, so any large-scale change in central bank reserves immediately grabs market attention. Traders, economists, and investors are now watching closely to understand what this could signal for India's financial strategy.
👀 Is this a temporary adjustment, or the start of a broader shift in reserve management?
One thing is clear: when a major economy moves billions in reserves, global markets take notice.
⚡ Big money. Big decisions. Big impact.
$HOME
$BSB
#India #RBI #Gold #Economy #Markets #Finance #Investing #Rupee #GlobalMarkets
🚨 RBI MPC Policy Decision Today 🇮🇳
The market is closely watching the Reserve Bank of India's Monetary Policy Committee (MPC) decision. Based on current economic conditions, many analysts expect the RBI to maintain a cautious stance, with a strong possibility that interest rates remain unchanged.
📌 What Markets Are Watching: 🔹 Repo Rate Decision 🔹 Inflation Outlook 🔹 GDP Growth Forecast 🔹 Liquidity Measures 🔹 RBI's Economic Guidance
📊 A stable policy could support investor confidence, while any surprise move may trigger volatility across stocks, bonds, gold, and crypto markets.
👀 Will RBI prioritize growth, inflation control, or both?
⏳ All eyes are on the official RBI announcement.
#RBI #MPC #IndiaEconomy #InterestRates #stockmarketnews 🇮🇳📈🔥
Disclaimer: This post discusses market expectations ahead of the official RBI policy announcement. Final decisions will be known after the RBI's official release.
The market is closely watching the Reserve Bank of India's Monetary Policy Committee (MPC) decision. Based on current economic conditions, many analysts expect the RBI to maintain a cautious stance, with a strong possibility that interest rates remain unchanged.
📌 What Markets Are Watching: 🔹 Repo Rate Decision 🔹 Inflation Outlook 🔹 GDP Growth Forecast 🔹 Liquidity Measures 🔹 RBI's Economic Guidance
📊 A stable policy could support investor confidence, while any surprise move may trigger volatility across stocks, bonds, gold, and crypto markets.
👀 Will RBI prioritize growth, inflation control, or both?
⏳ All eyes are on the official RBI announcement.
#RBI #MPC #IndiaEconomy #InterestRates #stockmarketnews 🇮🇳📈🔥
Disclaimer: This post discusses market expectations ahead of the official RBI policy announcement. Final decisions will be known after the RBI's official release.
🚨 The headlines are more dramatic than the reality.
Yes, 39 million Indians own crypto, with an estimated $2.1 billion held in digital assets.
But India hasn't banned crypto.
The RBI has asked regulators to consider policies "leaning toward prohibition," mainly to prevent banks and regulated financial institutions from holding or offering exposure to crypto—not to outlaw individual ownership.
This isn't new. A similar banking restriction was introduced in 2018, but India's Supreme Court struck it down in 2020, leaving crypto in a regulatory grey area.
📌 What's driving the RBI's concerns?
• 🏦 Protecting banks from crypto-related financial risks.
• 💵 Preventing stablecoins like USDT from reducing demand for the Indian rupee.
• 📊 Improving tax compliance, especially for transactions routed through offshore exchanges.
The debate in India isn't simply "crypto vs. no crypto." It's about balancing innovation, financial stability, and tax enforcement.
💬 Do you think India will eventually regulate crypto with clear rules—or continue operating in a grey zone?
#Bitcoin #Crypto #India #RBI #USDT
Yes, 39 million Indians own crypto, with an estimated $2.1 billion held in digital assets.
But India hasn't banned crypto.
The RBI has asked regulators to consider policies "leaning toward prohibition," mainly to prevent banks and regulated financial institutions from holding or offering exposure to crypto—not to outlaw individual ownership.
This isn't new. A similar banking restriction was introduced in 2018, but India's Supreme Court struck it down in 2020, leaving crypto in a regulatory grey area.
📌 What's driving the RBI's concerns?
• 🏦 Protecting banks from crypto-related financial risks.
• 💵 Preventing stablecoins like USDT from reducing demand for the Indian rupee.
• 📊 Improving tax compliance, especially for transactions routed through offshore exchanges.
The debate in India isn't simply "crypto vs. no crypto." It's about balancing innovation, financial stability, and tax enforcement.
💬 Do you think India will eventually regulate crypto with clear rules—or continue operating in a grey zone?
#Bitcoin #Crypto #India #RBI #USDT
🚨 BREAKING: RBI Pushes for Tougher Restrictions on Crypto in India
India's Reserve Bank of India (RBI) has once again urged policymakers to adopt an approach "leaning toward prohibition" for private cryptocurrencies, citing concerns over financial stability, monetary policy, and systemic risk.
According to government discussions, the RBI wants banks and regulated financial institutions to be barred from holding, trading, or providing exposure to private crypto assets.
Meanwhile, India's Income Tax Department has raised separate concerns about tax compliance. Officials say transactions conducted through offshore crypto exchanges are difficult to monitor, making tax enforcement more challenging.
Government data indicates that fewer than 25% of approximately 645,000 Indians who carried out crypto transactions in 2023 reported them on their income tax returns, highlighting concerns over potential tax evasion.
Despite the regulatory uncertainty, India is estimated to have around 39 million crypto investors holding roughly $2.1 billion in digital assets.
📈 Why this matters:
• The RBI continues to advocate stricter controls on private cryptocurrencies.
• Banks could face tighter restrictions if new policies are introduced.
• India's crypto industry remains in regulatory limbo despite growing adoption.
• The debate comes as several other countries, including the U.S., continue developing clearer crypto regulations rather than pursuing outright bans.
💬 Do you think India should regulate cryptocurrencies more effectively or move toward a complete ban?
#Bitcoin #Crypto #India #RBI #Regulation
India's Reserve Bank of India (RBI) has once again urged policymakers to adopt an approach "leaning toward prohibition" for private cryptocurrencies, citing concerns over financial stability, monetary policy, and systemic risk.
According to government discussions, the RBI wants banks and regulated financial institutions to be barred from holding, trading, or providing exposure to private crypto assets.
Meanwhile, India's Income Tax Department has raised separate concerns about tax compliance. Officials say transactions conducted through offshore crypto exchanges are difficult to monitor, making tax enforcement more challenging.
Government data indicates that fewer than 25% of approximately 645,000 Indians who carried out crypto transactions in 2023 reported them on their income tax returns, highlighting concerns over potential tax evasion.
Despite the regulatory uncertainty, India is estimated to have around 39 million crypto investors holding roughly $2.1 billion in digital assets.
📈 Why this matters:
• The RBI continues to advocate stricter controls on private cryptocurrencies.
• Banks could face tighter restrictions if new policies are introduced.
• India's crypto industry remains in regulatory limbo despite growing adoption.
• The debate comes as several other countries, including the U.S., continue developing clearer crypto regulations rather than pursuing outright bans.
💬 Do you think India should regulate cryptocurrencies more effectively or move toward a complete ban?
#Bitcoin #Crypto #India #RBI #Regulation
The Reserve Bank of India #RBI has reiterated that it prefers a #cryptocurrency policy “leaning towards prohibition.” 🇮🇳
It wants banks and regulated financial institutions to be barred from holding, trading, or having exposure to crypto assets and privately issued stablecoins due to financial stability concerns.
India’s Income Tax Department has also warned that offshore crypto transactions are difficult to monitor, increasing the risk of tax evasion.
Officials said that fewer than 25% of approximately 645,000 Indians who traded crypto in FY2023 reported those transactions in their tax filings.
Government documents cited by Reuters estimate that around 39 million Indians hold roughly $2.1 billion in crypto assets.
However, an important distinction:
India has not announced a new nationwide crypto ban.
These are recommendations and positions from the RBI and tax authorities.
Any complete ban or major policy change would require action by the Indian government and, where applicable, Parliament. There is no new ban in force today.
So the statement “India’s central bank just called for a complete ban on cryptocurrency” is directionally consistent with the RBI’s long-standing stance, but it can be misleading if interpreted as “India has banned crypto today.”
That has not happened.
Comment your opinions 👍
#Crypto $BTC
It wants banks and regulated financial institutions to be barred from holding, trading, or having exposure to crypto assets and privately issued stablecoins due to financial stability concerns.
India’s Income Tax Department has also warned that offshore crypto transactions are difficult to monitor, increasing the risk of tax evasion.
Officials said that fewer than 25% of approximately 645,000 Indians who traded crypto in FY2023 reported those transactions in their tax filings.
Government documents cited by Reuters estimate that around 39 million Indians hold roughly $2.1 billion in crypto assets.
However, an important distinction:
India has not announced a new nationwide crypto ban.
These are recommendations and positions from the RBI and tax authorities.
Any complete ban or major policy change would require action by the Indian government and, where applicable, Parliament. There is no new ban in force today.
So the statement “India’s central bank just called for a complete ban on cryptocurrency” is directionally consistent with the RBI’s long-standing stance, but it can be misleading if interpreted as “India has banned crypto today.”
That has not happened.
Comment your opinions 👍
#Crypto $BTC
India: The central bank still wants to ban cryptocurrencies to curb tax evasion
- The Reserve Bank of India (RBI) continues to support a complete ban on cryptocurrencies.
- The main reason cited is to prevent tax evasion.
- This hardline stance is maintained despite global trends toward accepting digital assets and blockchain technology.
- Indian regulators remain cautious about cryptocurrencies.
#CryptoNews #ẤnĐộ #RBI #CryptoRegulations
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
- The Reserve Bank of India (RBI) continues to support a complete ban on cryptocurrencies.
- The main reason cited is to prevent tax evasion.
- This hardline stance is maintained despite global trends toward accepting digital assets and blockchain technology.
- Indian regulators remain cautious about cryptocurrencies.
#CryptoNews #ẤnĐộ #RBI #CryptoRegulations
$btc $eth
#vlikevn Titanbot
Source: CoinDesk
Tax bhi chahiye aur Ban bhi? India ka Crypto Paradox! 🇮🇳👇
Brothers, on July 2, in front of the Parliamentary Standing Committee, the RBI repeated the same old point: "Don’t legalize crypto; it’s a threat to the economy."
But here’s a huge twist! If crypto is wrong, then the government’s own rulebook says something else:
↳ Finance Act 2022: Crypto has been defined as VDA (Virtual Digital Asset).
↳ Section 115BBH: A flat 30% tax on profits.
↳ 1% TDS deduction on every trade.
↳ Exchange registration under FIU-IND and AML compliance.
Even the CBDT has sent notices to more than 44,000 taxpayers. Now the question is—does a government impose tax on an illegal asset or audit it?
📜 Look at the old history:
In 2018, the RBI imposed a ban.
In 2020, the Supreme Court lifted that ban.
Now, the full power lies only with Parliament.
📊 What’s the market reality?
In India, there are 39.3 million verified crypto users, and in Chainalysis’s Global Crypto Adoption Index, India has been No. 1 for the past 3 years. With such a massive user base, banning it seems almost impossible.
💡 Final assessment: Ban or regulation?
Looking at global trends (like US Bitcoin ETFs and MiCA regulations), banning is no longer an option. The RBI’s job is to warn about risk, but Parliament’s focus now seems to be more on regulation—so tax revenue also comes in and consumer protection is ensured.
What do you think?
Will the Indian Government fully regulate crypto or listen to the RBI and impose a ban? Drop your views below! 💬👇
#SGMCrypto #cryptotax #RBI #cryptoindia #BinanceSquare $BTC
Brothers, on July 2, in front of the Parliamentary Standing Committee, the RBI repeated the same old point: "Don’t legalize crypto; it’s a threat to the economy."
But here’s a huge twist! If crypto is wrong, then the government’s own rulebook says something else:
↳ Finance Act 2022: Crypto has been defined as VDA (Virtual Digital Asset).
↳ Section 115BBH: A flat 30% tax on profits.
↳ 1% TDS deduction on every trade.
↳ Exchange registration under FIU-IND and AML compliance.
Even the CBDT has sent notices to more than 44,000 taxpayers. Now the question is—does a government impose tax on an illegal asset or audit it?
📜 Look at the old history:
In 2018, the RBI imposed a ban.
In 2020, the Supreme Court lifted that ban.
Now, the full power lies only with Parliament.
📊 What’s the market reality?
In India, there are 39.3 million verified crypto users, and in Chainalysis’s Global Crypto Adoption Index, India has been No. 1 for the past 3 years. With such a massive user base, banning it seems almost impossible.
💡 Final assessment: Ban or regulation?
Looking at global trends (like US Bitcoin ETFs and MiCA regulations), banning is no longer an option. The RBI’s job is to warn about risk, but Parliament’s focus now seems to be more on regulation—so tax revenue also comes in and consumer protection is ensured.
What do you think?
Will the Indian Government fully regulate crypto or listen to the RBI and impose a ban? Drop your views below! 💬👇
#SGMCrypto #cryptotax #RBI #cryptoindia #BinanceSquare $BTC
Rupee under pressure, but RBI unlikely to rush into rate hikes 📉
The Indian rupee has been facing significant pressure in recent times, driven by a combination of factors including a strong US dollar and rising crude oil prices. This has led to concerns about the impact on the country's trade deficit and overall economic growth. However, despite these challenges, the Reserve Bank of India (RBI) is unlikely to rush into raising interest rates. The RBI is expected to maintain a cautious approach, weighing the need to support economic growth against the need to manage inflation and stabilize the currency. The market is closely watching the RBI's next move, as any change in interest rates could have a significant impact on the value of the rupee and the overall direction of the economy.
#Crypto #Markets #Forex #IndiaEconomy #RBI
The Indian rupee has been facing significant pressure in recent times, driven by a combination of factors including a strong US dollar and rising crude oil prices. This has led to concerns about the impact on the country's trade deficit and overall economic growth. However, despite these challenges, the Reserve Bank of India (RBI) is unlikely to rush into raising interest rates. The RBI is expected to maintain a cautious approach, weighing the need to support economic growth against the need to manage inflation and stabilize the currency. The market is closely watching the RBI's next move, as any change in interest rates could have a significant impact on the value of the rupee and the overall direction of the economy.
#Crypto #Markets #Forex #IndiaEconomy #RBI
Is India ever going to make up its mind, or is "mixed signals" just their official crypto policy now? 🇮🇳🤔
The RBI is still out here acting like crypto is a systemic ticking time bomb, yet millions of Indians are trading away like nothing happened. 💣📈
$SUI
It’s a beautiful mess where the central bank warns of doom while the massive user base keeps the exchanges thriving. We’re living in a giant "gray area" where the rules change depending on which way the wind blows in New Delhi. 🌬️🤷♂️
$ETH
It’s almost impressive how they managed to maintain such a perfect state of confusion for years. No ban, no embrace, just pure legal chaos to keep everyone on their toes! 🎢🤡
$SOL
Who needs clarity when you have a billion people and a dream, right? 🇮🇳✨
#IndiaCrypto #RBI #CryptoNews #RegulatoryChaos
The RBI is still out here acting like crypto is a systemic ticking time bomb, yet millions of Indians are trading away like nothing happened. 💣📈
$SUI
It’s a beautiful mess where the central bank warns of doom while the massive user base keeps the exchanges thriving. We’re living in a giant "gray area" where the rules change depending on which way the wind blows in New Delhi. 🌬️🤷♂️
$ETH
It’s almost impressive how they managed to maintain such a perfect state of confusion for years. No ban, no embrace, just pure legal chaos to keep everyone on their toes! 🎢🤡
$SOL
Who needs clarity when you have a billion people and a dream, right? 🇮🇳✨
#IndiaCrypto #RBI #CryptoNews #RegulatoryChaos
$INR: RBI just opened a controlled pressure valve 🔥
RBI’s partial easing on INR derivatives reads like a clean shift from panic mode to managed normalization. Banks can hedge again, offshore NDF liquidity should improve, and the daily position cap keeps the speculative heat from coming back too fast.
The tell here is simple: when a central bank loosens rules but keeps guardrails tight, it usually means real demand is returning while froth stays boxed out. That’s how liquidity starts breathing normally again, and that’s what institutional desks will be watching.
Not financial advice. Manage your risk and protect your capital.
#Forex #RBI #INR #Liquidity #Macro
⚡
RBI’s partial easing on INR derivatives reads like a clean shift from panic mode to managed normalization. Banks can hedge again, offshore NDF liquidity should improve, and the daily position cap keeps the speculative heat from coming back too fast.
The tell here is simple: when a central bank loosens rules but keeps guardrails tight, it usually means real demand is returning while froth stays boxed out. That’s how liquidity starts breathing normally again, and that’s what institutional desks will be watching.
Not financial advice. Manage your risk and protect your capital.
#Forex #RBI #INR #Liquidity #Macro
⚡
$INR: RBI just opened a controlled pressure valve 🔥
RBI’s partial easing on INR derivatives reads like a clean shift from panic mode to managed normalization. Banks can hedge again, offshore NDF liquidity should improve, and the daily position cap keeps the speculative heat from coming back too fast.
The tell here is simple: when a central bank loosens rules but keeps guardrails tight, it usually means real demand is returning while froth stays boxed out. That’s how liquidity starts breathing normally again, and that’s what institutional desks will be watching.
Not financial advice. Manage your risk and protect your capital.
#Forex #RBI #INR #Liquidity #Macro
⚡
RBI’s partial easing on INR derivatives reads like a clean shift from panic mode to managed normalization. Banks can hedge again, offshore NDF liquidity should improve, and the daily position cap keeps the speculative heat from coming back too fast.
The tell here is simple: when a central bank loosens rules but keeps guardrails tight, it usually means real demand is returning while froth stays boxed out. That’s how liquidity starts breathing normally again, and that’s what institutional desks will be watching.
Not financial advice. Manage your risk and protect your capital.
#Forex #RBI #INR #Liquidity #Macro
⚡
❌ FAKE NEWS ALERT ❌
in india A message is going around claiming paper currency notes will be withdrawn & replaced with plastic notes from 30 June 2026.
🚨 GOVERNMENT SAYS: FALSE 🚨
PIB Fact Check has officially clarified:
✅ NO plans to withdraw paper currency notes
✅ NO plan to replace them with plastic notes by 30 June 2026
💡 Fact check source: PIB Fact Check (Govt of India)
"RBI has no such plan as of now."
📌 What's the truth?
· RBI Governor recently said polymer/plastic notes are only under "preliminary consideration" – not finalised.
· A pilot was tried earlier but shelved due to technical issues.
💵 Your existing paper notes are completely valid & legal tender. Keep using them as usual.
🔁 Don't spread panic. Don't forward unverified forwards.
✅ Verify on: pib.gov.in/factcheck | rbi.org.in
#PIBFactCheck #FakeNewsAlert #RBI I #PlasticCurrency #FactCheck
in india A message is going around claiming paper currency notes will be withdrawn & replaced with plastic notes from 30 June 2026.
🚨 GOVERNMENT SAYS: FALSE 🚨
PIB Fact Check has officially clarified:
✅ NO plans to withdraw paper currency notes
✅ NO plan to replace them with plastic notes by 30 June 2026
💡 Fact check source: PIB Fact Check (Govt of India)
"RBI has no such plan as of now."
📌 What's the truth?
· RBI Governor recently said polymer/plastic notes are only under "preliminary consideration" – not finalised.
· A pilot was tried earlier but shelved due to technical issues.
💵 Your existing paper notes are completely valid & legal tender. Keep using them as usual.
🔁 Don't spread panic. Don't forward unverified forwards.
✅ Verify on: pib.gov.in/factcheck | rbi.org.in
#PIBFactCheck #FakeNewsAlert #RBI I #PlasticCurrency #FactCheck
Log in to explore more content