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currency Archives - All About Finance

currency

RBI allow withdrawals of deposits made in current legal tender notes on or after November 29, 2016 without any limit

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RBI/2016-17/163 DCM.No.1437/10.27.00/2016-17 November 28, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks / Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of cash from bank deposit accounts – Relaxation It has been reported that certain depositors … Read more

Cash Withdrawal weekly limit Rs.24000 remain unchanged till further instruction-RBI Notification

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RBI/2016-17/158 DCM (Plg) No.1424/10.27.00/2016-16 November 25, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Banks/ State Cooperative Banks/ District Central Cooperative Banks Dear Sir, Withdrawal of cash – Weekly limit Please refer to our circulars DCM (Plg) Nos. 1272/10.27.00/2016-17 … Read more

Any person, resident in India may take outside India or may bring into India, the currency notes of Government of India up to Rs.25, 000

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F.  No 520/23/2013- Cus. VI Government of India  Department of Revenue  *****           Subject : Export and Import of Currency –reg Attention is invited to Regulation (3) of Foreign Exchange Management (Export and Import of Currency) (Amendment) Regulations, 2009, notified vide Notification No.FEMA.258/2013-RB dated February 15, 2013 and A.P. (DIR Series) … Read more