RBI is yet to send an official statement on halting the old currency notes. But many media reports that an RBI official has stated that these notes will not be in circulation as per the apex bank plan.

It’s also stated that new notes of Rupees 100, 10 and 5 have already come into circulation to help smoothen demands at the time of pulling off the old notes. Just being conscious to streamline demand by ensuring the circulation of the notes of the specific denomination to end the circulation of old currency notes without chaos.