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.
Jun 21, 2017, 12:21 PM IST
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.
Mar 31, 2017, 13:20 PM IST
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.
Mar 01, 2017, 16:51 PM IST
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.
Dec 31, 2016, 10:16 AM IST
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.
Dec 30, 2016, 08:49 AM IST
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.
Dec 29, 2016, 17:32 PM IST
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.
Dec 29, 2016, 13:39 PM IST
Demonetisation: Banks received Rs 12.44 lakh crore of banned Rs 500 and Rs 1000 notes so far
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
