Tag: black money

  • Why RBI is withdrawing pre-2005 notes

    Why RBI is withdrawing pre-2005 notes

    All Indian currency notes issued before 2005 will soon go out of circulation, as per a new directive issued by the Reserve Bank of India on 22 January 2013. From 1 April 2014, all currency notes issued prior to 2005 will need to be exchanged at any bank in the…