Friday 17 March 2017

Another chance in demonitisation

Exchange old ₹500 & ₹1000 notes.
RBI may give one more chance to public for exchanging their old notes (₹500&₹1000).
But the deposit accptence may be limited. RBI accepted to deposit old notes in any bank for only three days of this month ending that is 29,30,31.



By Narender modi shock to public on November 8th night. The time period of 50 days depositing old notes in any bank ended on 31st December. Since then public who missed the opportunity to deposit old notes in bank made queue near Rbi. It might be last opportunity to deposit old notes in bank.

People standing in line near ATM and Banks for money which is also limited per week are also waiting for news from RBI to remove limit as soon as possible.



lots of time spent by public near ATM as their salary is credited to bank account instead of receiving cash which made them to pay rents , ration bill, current bills etc., since demonitisation. Even though there are many online payment gateways available many are unaware of such options.

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