The government today introduced the new series of 500 rupees denomination notes in New Delhi for the convenience of the people. <br/><br/>Ministry of Finance in tweet said, the new series of 500 notes was launched at SBI Parliament Street Branch. <br/><br/>Meanwhile, the Finance Ministry also reviewed the position regarding availability and distribution of all denomination of bank notes.<br/><br/><br/>The Ministry said, Banks have been advised to arrange for separate queues for Senior citizens and Divyang persons for their convenience. <br/><br/>It has also asked the State Chief Secretaries to identify the rural pockets where availability of cash is a problem and provide all support to the Banks and Post Offices to ensure the last mile distribution is done through mobile banking vans and Banking Correspondents.<br/><br/> In view of the reports that certain business houses are not accepting Cheques, Demand Drafts and online payment transfer from customers, the Ministry said, in such cases customer can make a complaint to concerned District Magistrate and District Administration for action against such establishments
News On AIR | November 13, 2016 8:38 PM
New series of Rs 500 introduced