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Good News For Those Holding Old 500, 1000 Notes

Fri, Nov 03, 2017, 08:32 PM
There is a feather of relief for those who are holding the old Rs 500 and Rs 1000 currency notes with RBI clarifying that there won't be severe action against them. The RBI in its response to a question asked by the Supreme Court, over hearing a petition against Modi Government's warning against holding the old currency with strict action, has clarified this. Further, the Supreme Court did not give any stay over the limit on withdrawal, but only asked the government to submit an affidavit with the measures taken to overcome this problem of the people.
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