NEW DELHI — The Reserve Bank of India (RBI) on Saturday, November 7 dismissed as factually incorrect and misleading social media messages claiming that new cheque books with updated security standards would come into effect from January 1, 2027, IANS reported. The central bank said no such change to cheque books is being introduced.

Source: IANS

In a post on X, the RBI said it had taken note of messages circulating on social media claiming that the standard cheque books currently in use under the Cheque Truncation System (CTS) would change from December 31, 2026, and that cheque books featuring updated security standards would be introduced from January 1, 2027.

Source: IANS

"RBI is not introducing any such measures with regard to the CTS cheque books," the central bank clarified, calling the circulating message factually incorrect and misleading.

Source: Bilkul Bazaar, reporting the RBI clarification

The RBI urged members of the public to rely only on information published by the central bank from time to time on such matters, rather than on forwarded social media messages. Bank customers do not need to replace their existing CTS cheque books on the basis of the viral claim.

Source: IANS