Withdrawal of Legal Tender Character of existing 500/- and 1000/- Bank Notes –Limit for Withdrawal of Cash

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....ithdrawal of Legal Tender Character of existing 500/- and 1000/- Bank Notes –Limit for Withdrawal of Cash <br>News and Press Release<br>Dated:- 11-11-2016<br><BR>RBI/2016-17/124 DCM (Plg) No.1256/1....

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....0.27.00/2016-17 November 11, 2016 The Chairman / Managing Director/ Chief Executive Officer, Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural Banks / Urban Cooperative Ban....

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....ks/ State Cooperative Banks Dear Sir Withdrawal of Legal Tender Character of existing &#8377; 500/- and &#8377; 1000/- Bank Notes -Limit for Withdrawal of Cash Please refer to our circular DCM (Pl....

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....g) No.1251/10.27.00/2016-17 November 10, 2016 on the captioned subject and see the following additional instructions in this regard: 2. Governments Departments may be allowed to draw cash beyond the ....

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....stipulated limit of &#8377; 10,000/-, in exceptional cases, only on production of evidence justifying their cash requirements in writing, at the discretion of an officer in the rank of General Manager....

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.... and above. Yours faithfully (P Vijaya Kumar) Chief General Manager<BR> News - Press release - PIB....