RBI extends deadline to exchange pre-2005 notes to June 30

• Reserve Bank today extended the deadline for exchanging pre-2005 currency notes of various denominations, including Rs 500 and Rs 1,000, by another six months to June 30, 2016.
• The Reserve Bank had, in June 2015, set the last date for public to exchange pre-2005 banknotes notes as December 31, 2015.
• RBI, on a review, decided to extend the date for the public to exchange their pre-2005 banknotes till June 30, 2016