Breaking News:

J&K Bank stops issuing pre-2005 currency notes

Excelsior Correspondent
JAMMU, Feb 3: In the context of Reserve Bank of India’s directions to the banks to phase out the bank notes issued prior to 2005, J&K Bank has directed all its business units to stop reissuing the pre-2005 currency notes. However, the bank will accept the notes from the public.
Commenting upon this, J&K Bank President RK Chhibber said, “We have instructed all our Business Units and Currency Chests to provide exchange facilities to public and stop re-issue of the older series bank notes issued prior to 2005”.
All the business units and currency chests have been advised to carry out this process in a smooth manner and without any inconvenience to the public, he added.


Download Daily Excelsior Apps Now:


Share With
This entry was posted in State. Bookmark the permalink.

More Related News


NASDAQ5835.51  chart-25.12
S&P 5002363.81  chart+0.99
INFY15.19  chart+0.15
GCG12.CMXN/A  chartN/A
INTC36.18  chart+0.11
VMW90.74  chart-1.02
Scroll to Top