The Reserve Bank of India (RBI) has issued a clarification, putting all doubts to rest: Rs 500 notes with a star symbol are completely genuine and legal tender.

Fact Check of viral claim related to Rs 500 currency notes Image Source : India TV Edited By: Arushi Jaiswal @JaiswalArushi Published: June 04, 2025 18:13 IST, Updated: June 04, 2025 18:13 IST New ...

The Rs 500 ($7.5) and Rs 1,000 ($15) notes were the highest denomination bills at the time.