No Diwali Cash Crunch: RBI Says Smaller Currency ₹10, ₹20 And ₹50 Notes Are Adequately Stocked
What Happened
The Reserve Bank of India has rejected a forged circular circulating online that claimed ₹10, ₹20 and ₹50 notes could be in short supply during the festive season. RBI said sufficient notes of all denominations, including lower denominations, are available in its vaults and currency chests. The fake circular, dated October 27, 2026, used RBI’s name and logo and carried a purported governor’s signature. PIB Fact Check has also labelled the shortage claim fake and urged people to verify such messages through official sources.
Key Takeaways
There is no officially reported shortage of ₹10, ₹20 or ₹50 banknotes. RBI has cautioned people not to believe or circulate the forged advisory.