Only 5 Days More to Exchange Pre-2005 Notes
There are only 5 more days to exchange Rs.500 and Rs.1,000 currency notes printed before 2005. It is known that the RBI already issued orders regarding the same. Officials are repeatedly cautioning people to exchange pre-2005 notes in banks as the deadline is nearing. They are asking people to exchange the old notes with new ones in banks and to make use of the facility before 30th june. RBI officials made clear that the currency notes prnted before 2005 will not be valid from 1st july. The RBI has reportedly taken the sensational decision to eradicate black money, duplicate currency in India. The deadline that was set earlier till end of last year was later postponed to 30th june.