New Delhi:
In a move to bring respite to senior citizens in the country, Indian Bank Association on Friday announced that only senior citizens will be allowed in the banks to exchange old notes of Rs 500 and Rs 1,000.
1) Watch video | Currency ban: Only senior citizens allowed to exchange old notes today
In a move to bring respite to senior citizens in the country, Indian Bank Association on Friday announced that only senior citizens will be allowed in the banks to exchange old notes of Rs 500 and Rs 1,000. Except for senior citizens, no other person will be allowed to exchange old notes on Saturday.
Meanwhile, Assam Chief Minister Sarbananda Sonowal has condemned the attack saying, "I strongly condemn this attack, the perpetrators will be punished. Have directed officials to go to Tinsukia."
3) Demonetisation disastrous to poor, beneficial to corrupt rich: World media
Since the announcement of Prime Minister Narendra Modi to withdraw Rs 1,000 and Rs 500 notes in an attempt to curb black money, there have been all kinds of reactions in the media across the world. While the world media had mixed reactions on the demonetisation move initially, it is now criticising the move.
National Investigation Agency (NIA) conducted raids on Saturday at ten premises of controversial preacher Zakir Naik's Islamic Research Foundation (IRF) in Mumbai.
5) Currency ban: IT dept starts to send notices to people having income mismatch with cash deposits
The Income Tax department has started to send notices to people on excess cash deposits at banks post demonetisation of Rs 1,000 and Rs 500 denomination currency notes. The notices are sent on account of income mismatch with the cash deposits at the banks.
