RBI designates 20 offices across country to swap them Banks will no longer exchange notes introduced prior to 2005. The Reserve Bank of India has designated 20 select offices across the country where people can directly approach for exchange of such notes. However, persons having such notes can also deposit them with their bank and the bank will in turn send them to RBI. According to press note issued by it, the Reserve Bank of India has observed that a major portion of the pre-2005 banknotes have been withdrawn from…
Read MoreBanks will not exchange pre-2005 notes
