Supreme Court Upholds Conviction as Husband Failed to Explain Wife’s Death in Matrimonial Home || Supreme Court: Crime Scene Re-Enactment Does Not Always Violate Right Against Self-Incrimination || Supreme Court: Cognizance Taken Without Hearing Accused under BNSS Section 223 is Void Ab Initio || Supreme Court Upholds Will in Sister’s Favour, Says Excluding Natural Heirs is Not Suspicious || Delhi HC: Absence of Public Witnesses and Videography in NDPS Recovery Relevant for Bail Decisions || Raj HC Initiates Suo Motu Cognizance Over Severe Water Crisis in Jodhpur, Issues Interim Directions || Del HC: Courts Cannot Direct, Monitor Inquiry Into Police Delay in Investigation After Bail Decision || Supreme Court: After the BNSS, a Pre-Cognizance Hearing is Mandatory in PMLA Cases || SC: Landowners Cannot be Forced to Waive Statutory Compensation to Claim Other Benefits || Supreme Court: Banks are Lenient With Big Borrowers But Strict With Ordinary Loan Applicants

Withdrawal of old series banknotes issued prior to 2005 deferred- (Reserve Bank of India) (11 Feb 2016)

MANU/RDCM/0002/2016

Banking

The Reserve Bank of India extended the deadline for exchanging pre-2005 banknotes to 30 June, 2016. Exchange on banknotes in 2016 will only be done at certain bank branches. Separate facility for the same will have to be provided, as exchange cannot be facilitated at ATMs or over the counter. The date facilitating exchange of old banknotes has now been postponed by over one and half years since it was first introduced.

Relevant : Withdrawal deferred to 31 December, 2015 MANU/RDCM/0003/2015 Withdrawal of banknotes prior to 2005 MANU/RDCM/0002/2014

Tags : RBI BANKNOTES PRE-2005 DEADLINE EXTEND

Share :