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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Govt. opens new window for Banks, Post Offices to deposit old notes with RBI

New Delhi: The Finance Ministry has opened a new one-month window for District Co-operative Banks, Commercial Banks and Post Offices to deposit demonetised Rs. 500 and Rs. 1,000 currency notes with the…

By Author
Published June 22, 2017 · 1 min read
govt. opens new window for ban

New Delhi: The Finance Ministry has opened a new one-month window for District Co-operative Banks, Commercial Banks and Post Offices to deposit demonetised Rs. 500 and Rs. 1,000 currency notes with the Reserve Bank of India (RBI), provided these notes were collected from customers within the specified time period.

While Post Offices and Commercial Banks were allowed to receive the old high-value currency notes till December 30, District Central Co-operative Banks were allowed to accept these only till November 14.

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