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Government extends existing exemptions with rergard to cancellation of the legal tender character of the existing series of high denomination bank notes of ₹ 500 and ₹ 1,000 denominations until the expiry of 14th November, 2016, with certain modifications / additions to the existing exemptions; Governments reassures that there is enough cash with RBI and Supply of cash to Bank branches and ATMs are being stepped up gradually

News and Press Release - Dated:- 12-11-2016 - While cancelling the legal tender character of the existing series of high denomination bank notes of ₹ 500 and ₹ 1,000 denominations w.e.f. the expiry of the 8th November, 2016, exemptions we .....

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s been closely monitoring the implementation of the decision. Considering various representations received from different quarters in the matter, it has now been decided that the existing exemptions may be extended until the expiry of 14th November, .....

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