RBI refutes reports of withdrawal of old Rs.100, Rs.10, Rs.5 notes

The Reserve Bank of India (RBI) refuted reports of withdrawal of old series of Rs.100, Rs.10 and Rs.5 currency notes. With regard to reports in certain sections of media on the withdrawal of old series of Rs.100, Rs.10 & Rs.5 banknotes from circulation in the near future, it is clarified that such reports are incorrect.

While announcing the issuance of new Rs.100 denomination banknotes with base color Lavender in July 2018, RBI had said banknotes in the denomination of Rs.100 issued by it in the earlier series will continue to be legal tender.

Source: Economic Times