Category Archives: other Acts

Limit for Withdrawal of Cash – RBI Clarify

By | November 11, 2016

Limit for Withdrawal of Cash RBI/2016-17/123 DCM (Plg) No.1251/10.27.00/2016-17 November 10, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks Dear Sir Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes… Read More »

Fake Notes Detection by Banks -Reporting to Police and other bodies

By | November 11, 2016

Fake Notes Detection by Banks As per RBI Circular No RBI/2016-17/22 DCM (FNVD) G–6/16.01.05/2016-17 Dated 20.07.2016  Detection of Counterfeit Notes /Fake Notes – Reporting to Police and other bodies by Banks The following is the  procedure that has be followed by banks while reporting incidence of detection of counterfeit note to the Police: For cases of… Read More »

Annex 5 Cash deposit- Download /Print

By | November 10, 2016

Cash deposit Annex 5 Download /Print for new bank notes Rs 500 and Rs 1000 Bank Notes of aggregate value upto Rs. 4000 only held by a person can be exchanged by him/her at any bank branch or Issue Office of Reserve Bank of India for any other denomination of Banknotes, provided a Requisition Slip… Read More »

Requisition slip for new bank notes – Download /print

By | November 10, 2016

Requisition slip for new bank notes Rs 500 and Rs 1000 Bank Notes of aggregate value upto Rs. 4000 only held by a person can be exchanged by him/her at any bank branch or Issue Office of Reserve Bank of India for any other denomination of Banknotes, provided a Requisition Slip as per format is… Read More »

Foreign tourist /passengers can Exchange Rs 500 /1000 Note at airports upto Rs 5000

By | November 10, 2016

Withdrawal of the legal tender character of the existing and any older series banknotes in the denominations of ₹ 500 and ₹ 1000 RBI/2016-17/113 A.P. (DIR Series) Circular No. 16 November 09, 2016 To All Authorised Persons Madam / Sir, Withdrawal of the legal tender character of the existing and any older series banknotes in… Read More »

Proof of Identity required for exchange of Rs 500 and Rs 1000 Bank Note

By | November 10, 2016

Proof of Identity required for exchange of Rs 500 and Rs 1000 Bank Note Proof of Identity /Documents required along with Requisition slip/ Request Slip for exchange of Rs 500/- and  Rs 1000/ Bank Note Any of the followning Identity Proof Original to be shown at the counter of the Bank for Exchange of Bank… Read More »

Download Slip for Exchange of Notes Rs 500 and Rs 1000

By | November 10, 2016

 Requisition Slip / Request Slip for exchange of Old High Denomination Bank Notes in denominations of Rs 500/- and Rs 1000/- Rs 500 and Rs 1000 Bank Notes of aggregate value upto Rs. 4000 only held by a person can be exchanged by him/her at any bank branch or Issue Office of Reserve Bank of… Read More »

Banks open on Saturday (November 12) and Sunday (November 13 2016 ) for public

By | November 10, 2016

Banks to remain open for public on Saturday, November 12 and Sunday, November 13, 2016 Date : Nov 09, 2016 All scheduled and non-scheduled banks, including public, private, foreign, cooperative, regional rural and local area banks, will remain open for public on Saturday, November 12 and Sunday, November 13, 2016. Banks are advised to keep… Read More »

Salient features of scheme of Withdrawal of Rs. 500 and Rs. 1000

By | November 9, 2016

Salient features of the scheme of Withdrawal of Legal Tender Character from existing series of Bank Notes in the denominations of Rs. 500 and Rs. 1000 1. In terms of Gazette Notification No 2652 dated November 08, 2016 issued by Government of India, existing series of banknotes in the denominations of Rs. 500/- and Rs.… Read More »

Boric Acid ineligible for imports under Duty Free Import Authorisation (DFIA) Scheme.

By | November 9, 2016

GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY DEPARTMENT OF COMMERCE DIRECTORATE GENERAL OF FOREIGN TRADE Public Notice No. 42/2015-2020 New Delhi, the 8th November, 2016 Subject:- Amendments in Standard Input Output Norms (SION) – reg In exercise of the powers conferred under Paragraph 1.03 of the Foreign Trade Policy, 2015-2020, the Director General of… Read More »