21 November 2022


RBI Relaxes Deposits Norm of More Than Rs 5,000 in Old Denominations For KYC A/Cs - 21.12.2016

Reserve Bank of India has relaxed its notification, specifying that deposits of over 5000 rupees could be made only after furnishing a satisfactory reason to at least three bank officials, for people with fully verified bank accounts.

Tags : Reserve Bank of India Old Denominations Deposits KYC A/Cs demonetisation

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