Supreme Court tells Parsvnath Developers to Comply with Haryana RERA Orders or Face Jail  ||  Supreme Court: Article 142 Cannot Override a Concluded and Acted-Upon Settlement Between Parties  ||  SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage  ||  SC Grants One-Time Relief, Allows Law Students to Take Exams Despite Attendance Shortage  ||  Supreme Court: Murder Inside a Vehicle Does Not Qualify For Motor Accident Compensation  ||  Supreme Court: Section 50 NDPS Act Inapplicable to Recovery from Articles Carried by Accused  ||  J&K&L High Court: Death of Sole Accused Brings Disproportionate Assets Attachment Case to an End  ||  Calcutta High Court: Child Marriage Allegation Alone Cannot Justify Ordering a POCSO FIR  ||  Calcutta High Court: Trial Courts Can't Compel Mediation in Mutual Consent Divorce Cases  ||  Kerala High Court Orders DGP to Set Up Special Squads Across Districts for Hit-and-Run Cases    

Withdrawal of all old series of Banknotes issued prior to 2005- (Reserve Bank of India) (23 Dec 2015)

MANU/RDCM/0009/2015

Banking

The Reserve Bank of India has extended the date by which pre-2005 banknotes are to be exchanged to 30 June, 2016. An earlier notification had set 31 December, 2015 as the last date. The exchange facility will however be restricted to select bank branches after 1 January, 2016.

A majority of bank notes from the previous ‘Mahatma Gandhi series’ have been taken out of circulation. It is standard international practice to not have currency notes from multiple series in simultaneous circulation.

Relevant : Pre-2005 Banknotes can be exchanged up to June 30, 2016 MANU/RPRL/0265/2015 Withdrawal of all old series of Banknotes issued prior to 2005 MANU/RDCM/0003/2015

Tags : BANKNOTES   OLD SERIES   2005   WITHDRAWAL  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved