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News
old Rs 500 notes
Old Rs 500 notes News
India banks
21 Jun 2017
Demonetisation: Govt allows banks, post offices to deposit old bank notes with RBI
India`s cooperative banks have also been allowed to exchange old currency notes with the RBI, if they had collected these notes by November 14.
Demonetisation
31 Mar 2017
Old notes: RBI closes window for Indians abroad; NRIs can exchange till June 30
The limited period window for exchange of junked Rs 500 and Rs 1,000 notes by Indians who were abroad ended today with many failing to do so because of limited counters and lack of procedural awareness.
Demonetisation
31 Mar 2017
Demonetisation: Deadline to deposit old Rs 500 and Rs 1,000 notes in RBI ends today
The Reserve Bank has allowed Indian citizens who were abroad during November-December 2016 to exchange the scrapped notes up to March 31 and NRIs up to June 30.
Demonetisation
01 Mar 2017
Possession of more than 10 junked Rs 500 and Rs 1,000 notes will now attract fine
Holding of more than 10 notes of the junked Rs 500 and Rs 1,000 currency is now illegal, with a new law coming into effect after the President's assent.
Demonetisation
31 Dec 2016
Demonetisation: Deadline to deposit the junked Rs 500, Rs 1,000 notes in banks ends
People still have time to exchange the currency notes at designated RBI counters till March 31 after giving valid reasons for not depositing defunct notes in their accounts by December 30.
Demonetisation
30 Dec 2016
Demonetisation: Last day to deposit old Rs 500, Rs 1,000 notes today
While many expect the government to extend the deadline of December 30 for deposit of invalid Rs 500 and Rs 1,000 notes, the government has time and again reiterated that it has no plans to do the same.
Demonetisation
29 Dec 2016
Ordinance on demonetisation: No jail term for holding old notes; minimum fine to be Rs 10,000
The Ordinance approved by the Union Cabinet on Wednesday to make holding of old 1,000 and 500 rupee notes after March 31 beyond a threshold amount a criminal offence will attract a minimum monetary fine of Rs 10,000.
Demonetisation
29 Dec 2016
Demonetisation: Today is the last day to deposit old Rs 500, Rs 1,000 notes
As the 50-day deadline for completion of demonetisation process draws near, people have just Friday to deposit old Rs 500, Rs 1,000 notes, pinning their hope on an extension of the date.
Demonetisation
19 Dec 2016
Midcap Bazaar: New RBI guidelines on cash deposits of demonetised notes
New RBI guidelines on cash deposits of demonetised notes.
Demonetisation
09 Dec 2016
Old 500 rupee not not to be accepted in railways and metro from 10th December
Demonetisation
08 Dec 2016
Demonetisation: Old Rs 500 notes not to be accepted at railways, buses and metro after December 10
The government has cut short the deadline of using old Rs 500 notes at railways, bus and metros. After December 10, old Rs 500 will not be accepted.
Demonetisation
21 Nov 2016
Demonetisation: Farmers can buy seeds with old Rs 500 notes, announces government
The government on Monday allowed farmers to purchase seeds with the demonetised bank notes of Rs 500 value.
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