Diwali cash crunch? PIB flags fake RBI message

What happened: A viral message featuring a purported RBI circular dated October 27, 2026 claimed small-denomination notes could be in short supply during Diwali. PIB Fact Check labelled the claim fake, saying the RBI issued no such advisory. Key numbers: The fabricated circular was dated October 27, 2026 and referenced Rs 10, Rs 20 and Rs 50 notes. Why it matters: PIB shared the clarification on X after the advisory spread on WhatsApp, and urged people to check official RBI announcements before believing or sharing such messages.

A viral message featuring a purported RBI circular dated October 27, 2026 claimed small-denomination notes could be in short supply during Diwali. PIB Fact Check labelled the claim fake, saying the RBI issued no such advisory.

PIB shared the clarification on X after the advisory spread on WhatsApp, and urged people to check official RBI announcements before believing or sharing such messages.