Banks to put indelible ink on persons exchanging old notes

By | November 15, 2016
(Last Updated On: November 15, 2016)

Banks to put indelible ink on persons exchanging old notes to avoid multiple withdrawals

 After the demonetization of old currency notes of Rs 500/1000, the Govt. has allowed exchange of old notes up to Rs 4000 till Nov. 24, 2016. However, there are long queues outside bank even for exchanging old notes. It has come to the notice of Govt. that people are coming again and again to exchange old notes. In order to stop such unscrupulous practice of multiple withdrawal by same person, the Govt. has asked banks to use indelible ink on people exchanging old notes.

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