Govt tightens notes exchange norms, lowers limit to Rs 2,000

Thursday, November 17th, 2016
Limited exchange money

New Delhi: Government today lowered the exchange limit for now-defunct 500 and 1,000 rupee notes to Rs 2,000 from the existing cap of Rs 4,500, effective tomorrow. Among other measures, it has allowed up to Rs 2.5 lakh cash withdrawal from bank account of a bride or groom or their parents for a marriage during […]

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