Relief from demonetisation: People may get another chance to deposit old notes in banks
People waiting to exchange demonetised currency, show their old 500 and 1000 Rupee notes near the closed gates of Reserve Bank of India in Bangalore.(AFP Photo)
The Reserve Bank of India may allow citizens another chance to deposit the scrapped Rs 500 and Rs 1,000 banknotes but the exchange would be for a limited sum, sources in the government and banking sector said on Wednesday.
The central bank has been flooded with queries and requests from people who failed to deposit all their money by the December 30 deadline, seeking relief, sources said.
Credit: hindustantimes.com