Exchange facility of old 500 rupee and 1000 rupee currency notes which was stopped at bank counters from Thursday midnight, will continue to take place at all Reserve Bank of India (RBI) counters. <br/><br/>The RBI in a notification issued said, the apex bank advises members of public that exchange of demonitised bank notes in 500 and 1,000 rupee denominations, will continue to be available at the counters of the Reserve Bank up to the current limit of 2000 rupee per person as hitherto. <br/><br/>The government had announced yesterday that the demonitised 500 rupee and 1000 rupee notes can no longer be exchanged at the bank counters and the same will have to be deposited in bank accounts. <br/><br/>No changes were announced regarding the deposit of these high value notes in banks accounts, time limit for which remains as December 30, 2016.

Exchange facility of old 500 rupee and 1000 rupee currency notes which was stopped at bank counters from Thursday midnight, will continue to take place at all Reserve Bank of India (RBI) counters. <br/><br/>The RBI in a notification issued here said, the apex bank advises members of public that exchange of demonitised bank notes in 500 and 1,000 rupee denominations, will continue to be available at the counters of the Reserve Bank up to the current limit of 2000 rupee per person as hitherto. <br/><br/>The government had announced on Thursday that the demonitised 500 rupee and 1000 rupee notes can no longer be exchanged at the bank counters and the same will have to be deposited in bank accounts. <br/><br/>No changes were announced regarding the deposit of these high value notes in banks accounts, time limit for which remains as December 30, 2016.