Govt launches new Rs.500 notes

Mon 14 Nov 2016, 10:30:30
The government has introduced the new series of 500 rupees denomination notes at the SBI Parliament Street Branch in New Delhi for the convenience of the people, said Ministry of Finance in a tweet. 
Meanwhile, the Finance Ministry said, Banks have been advised to arrange for separate queues for Senior citizens and Divyang persons for their convenience.It also asked the State Chief Secretaries to identify the rural pockets where availability of cash is a problem and provide all support to the Banks and Post Offices to ensure the last mile distribution is done through mobile banking vans and Banking Correspondents. 
In view of the reports that certain business houses are not accepting Cheques, Demand Drafts and online payment transfer from customers, the Ministry said, in such cases customer can make a complaint to concerned District Magistrate and District Administration for action against such establishments.

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