Several social media posts and messages circulating are claiming that the Reserve Bank of India (RBI) has issued fresh guidelines, allowing people to exchange old Rs 500 and Rs 1000 currency notes ...
https://www.india.com/business/new-rbi-rules-for-exchanging-old-rs-500-and-rs-1000-notes-heres-complete-truth-pib-fact-check-issues-clarification-8385360/ Copy A post ...
According to RBI rules, a person can exchange a maximum of 20 notes at a time. The total value of these notes should not exceed Rs. 5,000. In this case, the bank makes the payment immediately at the ...
RBI has reiterated that old series banknotes issued before 2005 remain legal tender but should not be re-issued by banks. The circular consolidates earlier instructions aimed at introducing notes with ...
Plastic currency notes to be introduced in India soon? RBI governor's statement sparks buzz; What does it mean?
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