RBI refutes reports of Rs 88,032 crore worth of missing Rs 500 bank notes

Last updated: 19 June 2023


The Reserve Bank of India (RBI) on Sunday refuted reports that Rs 88,032.5 crore worth of Rs 500 notes have gone missing. The RBI said that all the banknotes supplied from printing presses to the central bank are properly accounted for. The reports of missing notes were based on an RTI query file
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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