Tag Archives: Pre-2005 Banknotes in Deposit

RBI clarifies -Banks should accept Pre-2005 Banknotes in Deposit

By | December 20, 2016

Date : Dec 19, 2016 Banks should accept Pre-2005 Banknotes in Deposit: RBI clarifies The Reserve Bank of India has clarified that bank should accept deposits of pre-2005 banknotes in the denominations of ₹ 500 and ₹ 1000 but not reissue these. These notes can be exchanged at the Reserve Bank Offices only. In terms… Read More »