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.Jun 21, 2017, 12:21 PM IST
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.Mar 31, 2017, 13:20 PM IST
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.
Mar 01, 2017, 16:51 PM IST
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.Dec 31, 2016, 10:16 AM IST
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.Dec 30, 2016, 08:49 AM IST
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.Dec 29, 2016, 17:32 PM IST
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.Dec 29, 2016, 13:39 PM IST
Banks have received Rs 12.44 lakh crore of old, high-value currency notes that were banneed by the government last month, RBI said on Tuesday.
Dec 13, 2016, 18:08 PM IST