The Supreme Court upheld the decision of the Central government taken in 2016 to demonetise the currency notes of INR 500 and INR 1000 denominations.
Tag: demonetisation
Indian diaspora seeks PM Modi’s intervention in exchanging demonetised currency
Indian diaspora faced problems in exchanging their demonetised currency at RBI and has demanded the Indian Prime Minister Narendra Modi’s intervention in solving their woes.
NRIs must show old notes to Customs during airport arrival
NRIs and Indians returning from overseas would have to physically show the Rs 500 and Rs 1000 notes to Customs at the airport and get a declaration form stamped before depositing the demonetised currency in the Reserve Bank of India.
Surge in UK students visa in Q3, demonetisation could dampen the spirits
It’s a merry time for Indian students who aspire to study in the UK. Given the recent stringent visa policies released by the UK, there was a drop in the number of students applying for it.
Indian-origin MP in the UK urges to end demonetisation stress for NRIs
Indian-origin MP in the UK – Virendra Sharma, one of the senior most has urged the Indian government to end the uncertainty around demonetization of Rs 500 and Rs 1000 notes for NRIs and PIOs.
Demonetisation: NRIs in the UK urge note exchange abroad
A large number of Indians in the United Kingdom have reportedly appealed to the Indian government to allow the exchange of denotified currency notes of Rs 1,000 and Rs 500 abroad.
Banks, Money Changers not exchanging INR 500 & 1000 in Singapore
Singapore news: Indian tourists who entered Singapore carrying cash in the denominations of INR 500 and INR 1,000. Banks and money changers are not accepting those in Singapore.