Many had complained of receiving soiled notes, but the banks refused to exchange them, stating that they did not have permission from the Reserve Bank of India (RBI) to do so.
While this amount can seem as a mere drop in the ocean, in comparison to the amounts other offenders have been alleged of not repaying, Mohammad is the first economic fugitive to be brought back to India.
Your old magnetic stripe-only cards are going to become obsolete after the deadline and will have to be replaced by what are called ‘EMV chip cards’, where EMV stands for Europay, Mastercard, Visa
The idea of making an investment today, is to ensure the availability of funds for the future. While many investment schemes are available, a pension plan is one that helps you draw a predictable, steady flow of income in the future.
Interestingly, the bank refunded the customer's money when he complained about the sudden 'fees'. But he decided to go to court anyway. Check out his case!