Deposit ₹5000 or more once per A/C till 30 December

DC 4 Sure

Another promise is broken


 8 November, 2016 12:00 PM
NO MORE OLD  CURRENCY?

On this day demonetisation announcement done by our honorable prime minister, On the 41st day of Prime Minister Narendra Modi's  50-day promise, The Reserve Bank of India (RBI), in a press said in the remaining days of this month, one can make a deposits in ₹500 and ₹1,000 notes in excess of ₹5,000 only once per account.



If you want to deposit banned currency cash in excess of ₹5000, you’ll have to explain in the presence of at least two officers on why you could not do it earlier. Even if the deposits are made in small amounts multiple times, if they add up to the magic number of Rs 5,000, again you stand exposed to questions.

WHY SHOULD I TELL?
The RBI circular is also silent on why should an honest citizen need to answer a banker on the timing of his deposit and the amount? A banker, after all, is not an investigator. Or is the assumption here that anyone who hasn’t deposited invalidated currencies in their bank accounts are hoarders of black money?



                                       😞😑😐😒🙍😶😒😒😒😒😒

 “It is no good that everyday the banking system comes with modification of the rules, the conditions under which the people can withdraw money.Thus, the likely victims of this latest U-turn will be the common man, some of whom would have waited for the queues in banks to get short to deposit their old currency savings. If they have a large amount to deposit, they should get ready to face questions at bank counter to establish that this is their own money.

Finally Let's See what will happen...

 Demonetisation story is taking new turns rapidly with changing goal posts and theories of as yet uncertain gains in the long term. But, no matter what the final gains of the demonetisation are, both the RBI and the government will have to answer the common man on the repeated breach of promises while executing a ‘well planned operation’ and fight a growing trust deficit that’ll also have likely political implications.
Now they reset new rules regarding to deposits of banned currency notes, they stops new rules which is to give explanation on why to not deposit notes earlier....  For more information regarding that Click HERE 


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