Friday, April 26News That Matters

Day: 8 November 2016

Rs 500, Rs 1000 notes illegal now – What to do ? How to exchange ?

News
              Prime Minister Narendra Modi, addressing the country tonight, announced that Rs. 500 and Rs. 1000 notes will not be used from midnight onwards. Modi said the notes of Rs 500 and Rs 1000 “will not be legal tender from midnight tonight” and these will be “just worthless piece of paper.” On November 9 and in some places on November 10, ATMs will not work. Some Exceptions For 72 hours, these places and institutions will continue to accept Rs 500 and Rs 1000 notes for payment: --Government hospitals will continue to accept old Rs 500, Rs 1000 notes for payment. --Rrailway ticket booking counters, ticket counters of government buses and airline ticket counters at airports will accept old notes for purchase of tickets. --Petrol, dies...