Tag: Banned notes

RBI new rules for defective notes refund

RBI to soon release a specific number of scrapped notes

RBI today said it is squaring invalid currency with physical cash balance and will soon release a specific number, eliminating accounting errors/ possible double counts. The Reserve Banks clarifies that the ban of old Rs 500/1,000 comes in justification with several reports estimating that over 95 per cent of the[Read More…]

by





Latest Update