Note Exchange Rules News

Politics

RBI turns away people trying to exchange ₹500, ₹1000 notes

RBI says the 31 March deadline for note exchange is only for NRIs and Indians who were abroad during the 50 days of demonetisation

2 min read3 Jan 2017
Industry

Demonetisation: Rules and revisions since 8 November

The Modi government and the RBI have since taken a slew of measures since the 8 Nov demonetisation announcement. Here's a guide

2 min read25 Nov 2016
Industry

Rs500, Rs1,000 notes can still be exchanged at RBI counters

RBI did not set any last date for the exchange of the ₹500 and Rs1,000 notes

1 min read25 Nov 2016
Industry

Exchange of old notes stopped from 25 November, says government

Deposit of scrapped ₹500, ₹1000 notes in bank accounts to continue; only old Rs500 notes allowed for payment of utilities, school fees, mobile phone recharges

3 min read25 Nov 2016
Industry

RBI warns of action against bank officials for fraud during note exchange

RBI has also told banks to remain prepared to provide details about the notes exchanged or deposited on short notice

1 min read22 Nov 2016
Industry

Note exchange only for own customers on Saturday, say banks

All banks will serve only their respective customers on Saturday. However, senior citizens can go to any bank branch to exchange notes

1 min read18 Nov 2016

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