1000 Rupee Note Exchange
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Stuck With Worthless Cash After Notes Ban, Indians Abroad Get Innovative
With less than a month to go for the deadline to exchange or deposit old 500 and 1,000 rupee notes, much of the non-resident Indian or NRI community is still stumped with what to do with their share of scrapped currency.
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To Check Misuse, Rs 10,000 Withdrawal Limit On Jan Dhan Accounts
Withdrawals from zero balance Jan Dhan accounts will be limited to Rs 10,000 a month for now, the Reserve Bank of India said today, calling it a move to check money laundering after the notes ban.
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Policewoman, 5 Others Dupe Businessman Of Rs 36 Lakh Over Exchange Of Old Notes
Six persons, including a lady police constable and a bank employee, allegedly cheated a businessman by promising to exchange his Rs 36 lakh in the now defunct currency, police said today.
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No Exchange Of Old Notes From Today, Except At Reserve Bank of India: 10 Points
The exchange of old Rs 500 and Rs 1,000 notes for new currency has been stopped at all banks from Thursday midnight, but will continue at the Reserve Bank of India, the central bank has said in a statement this morning.
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New Rs 500 And Rs 2,000 Notes 'Illegal' In Nepal
While there is no clarity on the fate of the withdrawn Indian currency notes of Rs 500 and Rs 1,000 denominations in Nepal, new Indian Rs 500 and Rs 2,000 bank notes are deemed illegal and banned for exchange, Nepal's central bank said on Thursday.
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Where You Can Use Old 500-Rupee Notes Now
The government has stopped the exchange of old notes over the counter at banks from Friday. People will now have to deposit banned notes of Rs 500 and Rs 1,000 in their accounts and then withdraw new currency from ATMs or through cheques.
-
21,000-Crore Move By Government To Help Farmers Hit By Notes Ban
The government has provided a credit line of 21,000 crores to support millions of farmers who have been left short of cash to buy seeds and fertilisers for their winter crops after its decision to cancel 500 and 1,000 rupee bank notes.
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44 Lakh Odisha Farmers Hit By No Exchange Rule For Cooperative Banks: Naveen Patnaik
Over 40 lakh agricultural families in Odisha have been hit by the demonetisation drive as the Centre disallowed cooperative banks to exchange the banned Rs 500 and 1,000 notes, according to the state government.
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Ignorant To Intentional: How The Notes Ban Is Being Scammed
Till 10 days ago, 40-year-old Radha (name changed) used to make ends meet by stitching clothes out of her one-room house in Tughlaqabad near Delhi. But the stark dip in her earnings due to the ban on old notes has made her desperate enough to risk using her own bank account to exchange other people's old 500 and 1,000 rupee bills for a commission.
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Banks To Exchange Notes Only For Their Own Customers And Seniors Today
Banks today will only exchange old 500 and 1,000 rupee notes for their own customers, and not for people who hold accounts in other banks. Senior citizens are however exempt from this rule and they can go to any bank to exchange their old currency for new notes. On Sunday, banks will remain shut.
-
Stuck With Worthless Cash After Notes Ban, Indians Abroad Get Innovative
With less than a month to go for the deadline to exchange or deposit old 500 and 1,000 rupee notes, much of the non-resident Indian or NRI community is still stumped with what to do with their share of scrapped currency.
-
To Check Misuse, Rs 10,000 Withdrawal Limit On Jan Dhan Accounts
Withdrawals from zero balance Jan Dhan accounts will be limited to Rs 10,000 a month for now, the Reserve Bank of India said today, calling it a move to check money laundering after the notes ban.
-
Policewoman, 5 Others Dupe Businessman Of Rs 36 Lakh Over Exchange Of Old Notes
Six persons, including a lady police constable and a bank employee, allegedly cheated a businessman by promising to exchange his Rs 36 lakh in the now defunct currency, police said today.
-
No Exchange Of Old Notes From Today, Except At Reserve Bank of India: 10 Points
The exchange of old Rs 500 and Rs 1,000 notes for new currency has been stopped at all banks from Thursday midnight, but will continue at the Reserve Bank of India, the central bank has said in a statement this morning.
-
New Rs 500 And Rs 2,000 Notes 'Illegal' In Nepal
While there is no clarity on the fate of the withdrawn Indian currency notes of Rs 500 and Rs 1,000 denominations in Nepal, new Indian Rs 500 and Rs 2,000 bank notes are deemed illegal and banned for exchange, Nepal's central bank said on Thursday.
-
Where You Can Use Old 500-Rupee Notes Now
The government has stopped the exchange of old notes over the counter at banks from Friday. People will now have to deposit banned notes of Rs 500 and Rs 1,000 in their accounts and then withdraw new currency from ATMs or through cheques.
-
21,000-Crore Move By Government To Help Farmers Hit By Notes Ban
The government has provided a credit line of 21,000 crores to support millions of farmers who have been left short of cash to buy seeds and fertilisers for their winter crops after its decision to cancel 500 and 1,000 rupee bank notes.
-
44 Lakh Odisha Farmers Hit By No Exchange Rule For Cooperative Banks: Naveen Patnaik
Over 40 lakh agricultural families in Odisha have been hit by the demonetisation drive as the Centre disallowed cooperative banks to exchange the banned Rs 500 and 1,000 notes, according to the state government.
-
Ignorant To Intentional: How The Notes Ban Is Being Scammed
Till 10 days ago, 40-year-old Radha (name changed) used to make ends meet by stitching clothes out of her one-room house in Tughlaqabad near Delhi. But the stark dip in her earnings due to the ban on old notes has made her desperate enough to risk using her own bank account to exchange other people's old 500 and 1,000 rupee bills for a commission.
-
Banks To Exchange Notes Only For Their Own Customers And Seniors Today
Banks today will only exchange old 500 and 1,000 rupee notes for their own customers, and not for people who hold accounts in other banks. Senior citizens are however exempt from this rule and they can go to any bank to exchange their old currency for new notes. On Sunday, banks will remain shut.
