No exchange of old notes from today- Govt
Centre clarified that from today, there will be no over-the-counter exchange of demonetized Rs 500 and Rs 1000 notes from today. Other exemptions relating to cancellation of legal tender character of old Rs 500 have been extended up to December 15, the government said.
The current limit on withdrawal of up to Rs 24,000 per week per bank account remains unchanged. However, notes of Rs 1000 denomination will no longer be used anywhere.
The government further stated that the extensions till December 15th, have been provided towards payment of current and arrears of utilities limited to only water and electricity.