INSUBCONTINENT EXCLUSIVE:
Post demonetisation in November 2016, the Reserve Bank has introduced Rs 200 and Rs 2,000 notes.Mumbai: The RBI Friday tweaked norms for
exchange of mutilated currency notes following introduction of Rs 2,000, Rs 200 and other lower denomination currencies
Post demonetisation in November 2016, the Reserve Bank has introduced Rs 200 and Rs 2,000 notes
Besides, it came out with smaller notes of Rs 10, Rs 20, Rs 50, Rs 100 and Rs 500
Public can exchange banks mutilated or defective notes at RBI offices and designated bank branches across the country for either full or
the central bank said it has been done to enable the public to exchange mutilated notes in Mahatma Gandhi (New) series, which are smaller in
in the minimum area of the single largest undivided piece of the note required for payment of full value for notes of rupees fifty and above
denominations," the RBI said.
