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Petrol pumps, airlines will accept banned Rs 500 notes only till Dec 2

Earlier Dharmendra Pradhan had announced that petrol pumps and LPG stations will continue to accept old Rs. 500 notes till Dec 15

BS Web Team  |  New Delhi 

Banned Rs 500 notes will be accepted at petrol pumps and for airline tickets till December 2 as against December 15 announced earlier.  Business Standard had reported earlier  that government is considering withdrawal of all exemptions on the use of demonetised Rs 500 and Rs 1,000 notes, so that new notes are pushed into circulation.  Sources say there has been a steady improvement in the supply of currency notes and that the Reserve Bank of India (RBI) has planned for the payday rush and banks have made arrangements.  According to sources, ...


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First Published: Thu, December 01 2016. 11:05 IST