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RBI warns banks and public against misinformation on social media

RBI says that people should rely on information provided on its website

Press Trust of India  |  Mumbai 

RBI on Thursday has cautioned banks as well as the public not be misguided by questionable and unverified documents being circulated on social media channels regarding demonetisation of old Rs 500/1000 currency notes. In a public notice, the Reserve Bank said that people should rely on information provided by it on its website. In the wake of withdrawal of legal tender character from the Specified Bank Notes (old Rs 500 and Rs 1,000), RBI has, from time to time, been issuing instructions to the banks which are sent directly to banks through an official mail. In the ...

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