New Delhi, June 10: Recently, misleading claims about the Reserve Bank of India (RBI) have been circulating on social media. The Press Information Bureau (PIB) has issued a warning, advising the public to remain cautious and clarifying that the viral information is entirely false.
The PIB fact-check unit debunked the claims, stating that some social media posts allege that the RBI will withdraw paper currency starting June 30, 2026, and replace it with plastic currency notes. PIB has categorically stated that this claim is unfounded.
According to PIB, there are no such plans from the RBI. Neither is there a proposal to withdraw paper notes, nor has there been any announcement regarding their replacement with plastic notes.
PIB urges individuals to verify any such information through the official RBI website before believing it.
In another alert via a post on X, PIB fact-check also warned about a significant online investment scam. An advertisement on Facebook features a video of Finance Minister Nirmala Sitharaman, claiming that an investment of just ₹22,000 could yield daily returns of up to ₹60,000 and monthly earnings of ₹1.6 million.
After investigation, PIB confirmed that this video is entirely fake and was created using artificial intelligence (AI). PIB clarified that neither Finance Minister Nirmala Sitharaman nor the Indian government endorses or promotes any such investment platform or scheme.
PIB cautioned the public that cyber fraudsters often use fake videos, false promises of high profits, and the names of government officials to deceive people. It is crucial to verify information from official sources before making any investments.
Additionally, PIB has urged citizens to report any suspicious or misleading content related to the Indian government immediately to the PIB fact-check unit. A WhatsApp number, +91 8799711259, has been provided for this purpose.
PIB has appealed to the public to stay vigilant, think carefully before clicking, and avoid online scams and fake news.
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