Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Specified Bank Notes (SBNs) – Cash withdrawal for purpose of celebration of wedding RBI/2016-17/145 DCM (Plg) No.1320/10.27.00/2016-17 November 21, 2016 The Chairman / Managing Director/Chief Executive Officer, Public Sector Banks / Private Sector Banks/ Private Sector Banks/ Foreign Banks Regional Rural Banks / … Read more
Jan Dhan Account holders are requested not to allow their accounts to be misused by anyone – PIB The Prime Minister Shri Narendra Modi reviewed the position for the second consecutive day yesterday regarding the smooth supply and availability of currency notes; Among major decisions taken during the Meeting include to continue to give highest … Read more
Deadline extended till 24.11.2016 for OHD Notes valid for Key Utilities As per the media news, the Central Government has decided to extend use of old Rs.500 and Rs.1000 bank notes for paying household utility bills, fuel, taxes & fees and purchase from co-operative stores till November 24, 2016. The time limit for certain categories … Read more
OHD Notes Exchange Limit 4500, ATM Withdrawal Limit 2500 and Weekly Limit 24000 Finance Ministry reviews the position regarding availability and distribution of all denomination of bank notes in different parts and regions of the country; Issuance of the new series of Rs. 500/- notes commenced; Instructions issued to the Banks and Post Offices to … Read more
Fake currency notes in Banks and Post Office – Government agencies are closely monitoring Government agencies are closely monitoring receipt of fake currency notes in Banks and Post Office; Special watch is being kept receipt of fake notes in the States bordering our neighbouring countries. One of the primary objectives of cancellation of legal tender … Read more