Old 1000 and 500 Notes
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On 8 November 2016, I myself heard PM on TV saying that RBI will change the old 1000 and 500 Rupee notes after 30 December, 2016 and till 31 March 2017. This was subsequently modified by banks and RBI is NOT exchanging old 1000 and 500 Rupee notes.
As per our Indian culture, Ladies and Senior Citizens stack up some amount for the rainy day which is not known to the other members of the family. This money is, normally, forgotton as it is expected to be used only in extreme emergencies.
A number of cases, including me, have come to light wherein such money has been detected. This is a hard earned money.
REQUEST THE HON'BLE PM TO ISSUE SUITABLE INSTRUCTIONS TO RBI TO EXCHANGE SUCH AMOUNT UPTO RUPEES 50,000. The date can be upto 30 September 2017.
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