RBI
RBI hikes weekly withdrawal limit on current accounts to Rs50,000
14 Nov 2016
RBI has advised banks to deploy micro ATMs near panchayat offices, police stations, military outposts, government departments, offices of public sector units, petrol pumps and other secure locations and also enhance the limits of the micro ATMs to at least Rs50,000 and allow frequent replenishment of cash to them
All existing Rs500 and Rs1,000 notes denotified
09 Nov 2016
Rupee notes of 500 and 1,000 denominations will be accepted against most essential goods and services in the interim while all notes of Rs100, Rs50, Rs10, Rs5, Rs2 and Re1 will remain legal tender
RBI advises caution against fake Rs500 and Rs1,000 bank notes
27 Oct 2016
With a surge in the influx of counterfeit currency, of larger denominations of Rs500 and Rs1,000, the Reserve Bank has asked the public to make sure that the bank notes they accept are genuine
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