RBI allows Nepalese, Bhutanese & Indian travelers to carry currency notes of Rs 500, Rs 1,000

Reserve Bank of India has allowed travelers from India and Nepal or Bhutan to carry currency notes of Rs 500 and Rs 1000.

Earlier, travelers were allowed to carry currency notes of only up to Rs 100.

However, the maximum limit that an individual can carry is Rs 25,000.

Government had earlier banned currency denominations of Rs 100 in Nepal on India's request to crackdown on the case of rising fake currency.