India’s central bank denies issuing an order to block ATMs from dispensing 2,000 rupee notes

This article is more than one year old.
Published on December 6, 2019 at 11:10
1 min read
By AFP India

Multiple posts on Facebook, Twitter, and YouTube claim the Reserve Bank of India has blocked ATMs from dispensing 2,000 rupee notes. The claim is false; India's central bank denied making any such decision to curb the circulation of 2,000 rupee notes.

The misleading post was published here on Facebook on December 3, 2019.

Below is a screenshot of the misleading post:

The post refers to the Reserve Bank of India, which is charged with maintaining monetary stability in India, by its widely used acronym: RBI.

Similar claims have been shared on Facebook here, here and here; on Twitter here and here; and YouTube here.

An article published here on October 5, 2019, also makes the same claim.

The claim is false; the RBI publicly refuted the claim, calling it “fake news.”

"This is fake news and RBI has not issued any circular or notification in this regard,” Yogesh Dayal, an RBI spokesperson, told AFP by phone on December 4, 2019.

The RBI has not published any press release on its website here about prohibiting the dispensing of 2,000 banknotes from ATMs.

Is there content that you would like AFP to fact-check? Get in touch.

E-mail