KUWAIT: The Indian Embassy in Kuwait said in a press release yesterday that the Reserve Bank of India (RBI) has offered some relief to non-resident Indians (NRIs) for exchanging old currency notes. All NRIs who were abroad from Nov 9, 2016 to Dec 30, 2016 can avail of this facility till June 30, 2017.
The limit for NRIs is 25,000 rupees per person. Indians living abroad can avail of this facility on submission of ID proof like the Aadhaar card or permanent account number (PAN). No representations for depositing old notes on behalf of any third party will be accepted. This facility is available at RBI branches in Mumbai, New Delhi, Chennai, Kolkata and Nagpur, the statement added.