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Tag: RBI

Reserve Bank Of India Has Not Banned The Use Of Black Ink On Cheques.

January 21, 2025January 21, 2025Debanjana baishya

Recently a message went viral on social media claiming that the Reserve Bank Of India had issued new rules prohibiting the use of black inks on cheques. The social media post reads, “🚨NEW YEAR, NEW RULES:  BLACK INK BANNED ON CHEQUES 🖋️🚫  Mumbai, January 14, 2025: In a move aimed at enhancing security features and […]

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RBI issues ₹7 Coin honouring MS Dhoni- viral claim is false

November 18, 2024November 19, 2024Usha Manoj

The Reserve Bank of India has not issued a ₹ 7 coin honouring cricketer Mahendra Singh Dhoni. These days a post is going viral on the social media claiming that RBI (Reserve Bank of India) issues a ₹7 coin in honour of former Indian cricket captain Mahendra Singh Dhoni. Throughout his illustrious career, the number […]

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The Rs 500 Notes With A Star Symbol Are Not Fake.

June 22, 2024June 22, 2024Debanjana baishya

For the past few days, pictures of a Rs 500 note with a star symbol have gone viral on social media claiming it to be a fake one. A user sent the image to our 24*7 Factline number 9049053770 asking whether the Ra 500 note with a star symbol is fake or not.  Archived Link. […]

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UDGAM Portal: Here’s How You Can Check Your Unclaimed Deposits In Banks

August 18, 2023August 18, 2023Mayur Deokar

Have you ever experienced the delightful surprise of reaching into the pocket of an old pair of jeans only to find a forgotten Rs 100 note? What an unexpected joy is that!  Well, imagine that same feeling, but on a much grander scale. Imagine learning that you or your deceased family members have money lying […]

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Explained: Everything To Know About RBI’s Decision To Withdraw ₹2000 Note From Circulation?

May 20, 2023May 20, 2023Mayur Deokar

On 19 May, the Reserve Bank of India (RBI) announced that it has decided to withdraw ₹2000 currency notes from circulation. What many have dubbed as “Demonetisation 2.0”, the decision has sparked a mixture of excitement, humor, and uncertainty among the public. In this article, we will explore the actual decision made by the RBI […]

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Is Google Pay not authorized by RBI? No! viral message is Fake

November 8, 2022November 8, 2022Drabanti Ghosh

Google Pay and NCPI has clarified that the viral claim is false and Google Pay operates as UPI app that is recognized has a third party app, which does not require to be a ‘payment system operator’. The RBI’s official spokesperson has also refuted the viral claim. An image showing the Governor of RBI, Shaktikanta […]

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This video message on online wallets has NOT been issued by RBI Governor

October 5, 2022October 5, 2022Drabanti Ghosh

RBI’s official spokesperson confirmed to us that the viral video is edited and this is not RBI Governor’s voice. A video allegedly showing the Governor of the Reserve Bank of India (RBI)- Shaktikanta Das showing him cautioning mobile payment users about application and payment fraud is widely circulating on social media. The viral video shows […]

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EXPLAINER: Everything to Know About Charges on UPI Transactions

August 23, 2022August 23, 2022Mayur Deokar

The RBI discussion paper merely sought public feedback and suggestions on charges to be applied to UPI transactions. India is leading in the digital payment sector with over 260 million digital payment transactions daily. More than two-thirds of these 260 million transactions are processed by the Unified Payments Interface (UPI) system. Just last month, UPI […]

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RBI is not giving out 4 crores to their beneficiaries; Fake notification goes viral 

July 16, 2022July 16, 2022Drabanti Ghosh

The chief general manager of RBI clarified that the notification is Fake and has not been issued by RBI. A viral circular in the name of RBI is widely circulating on social media with the claim that this notification has been issued in the name of the Reserve Bank of India claims to offer ₹4 […]

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What is the truth behind Lord Ram’s image on a 500-rupee note?

May 31, 2022May 31, 2022Drabanti Ghosh

RBI spokesperson has confirmed to us that the viral image is Fake and no such announcement or changes have been made. The viral image is edited. An image of a 500-rupee note with Lord Ram’s image printed on it is widely circulating on social media with the claim that it is the new 500-rupee note […]

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Is the claim about the green strip position on a Rs 500 currency note true? Fact Check!

June 19, 2019January 10, 2022Nita Rao

A Facebook user named Angira Satish Yashmit shared a post on a page named ‘Senior Citizens Family’ on 13 June 2019. The post has a photograph of two 500 Rupees currency. One of the note has Duplicate written on it and the other has OK written on it. The post claims “Please do not accept […]

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