People can send Rs 2,000 notes by post to RBI offices for direct credit in bank accounts
New Delhi, Nov 2: As people queued up at some RBI branches to exchange withdrawn Rs 2000 bank notes, the central bank said there is no need to panic as people can send their holding of such currency notes by post.
For now, no deadline has been announced for the deposit or exchange of the notes.
This is a hassle-free option for the people who are away from the regional offices of the Reserve Bank.
Besides, the RBI is offering TLR (Triple Lock Receptacle) form to people for a deposit of Rs 2000 banknotes in their bank accounts.
"We encourage customers to send Rs 2000 notes through the insured post to the RBI for direct credit in their account in the most seamless and secure manner. This (will) save them from the hassle of travelling to specified branches and standing in queue," RBI Regional Director Rohit P Das said.
Both the options of TLR and insured post are highly secured, and there should not be any fear in the mind of the public relating to these options, he said, adding that about 700 TLR forms have been received so far by the Delhi office alone.
The RBI, in its communications, has been reiterating these two options, apart from the exchange facility at its offices, he added.
On May 19, the RBI announced the withdrawal of Rs 2,000 denomination bank notes from circulation. More than 97 per cent of the Rs 2,000 banknotes in circulation as of May 19, 2023, have since been returned.
Giving details of arrangements made to manage exchange, Das said the regional office in Delhi has made special arrangements for senior citizens and 'divyangjan' by providing a separate queue for them.
There is a separate queue for those coming with less number of such currency notes, such as 2-3, for faster disposal, he noted.
A drinking water facility and covered waiting area have been created so that there is no inconvenience to members of the public, he said, reiterating that Rs 2,000 notes continue to be a legal tender.
For better information dissemination, banners have been put up outside the regional office indicating documents required for the exchange or deposit of such currencies. Banners have information in both Hindi and English so that the public can enter the branch with the requisite documents for seamless and swift transactions.
Das appreciated that Delhi Police is helping in crowd management and ensuring that no undesirable incident takes place in the vicinity of the RBI regional office.
Public and entities holding such notes were initially asked to either exchange or deposit them in bank accounts by September 30. The deadline was extended to October 7. Both -- deposit and exchange -- services at bank branches were discontinued on October 7.
Starting October 8, individuals have been provided with the choice of either exchanging the currency or having the equivalent sum credited to their bank accounts at 19 offices of the RBI.
The 19 RBI offices depositing/exchanging the bank notes are in Ahmedabad, Bangalore, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna and Thiruvananthapuram.
The Rs 2,000 banknotes were introduced in November 2016, following the demonetisation of the then-prevailing Rs 1,000 and Rs 500 banknotes.
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Another North Goa nightclub sealed; Kejriwal says corruption led to fire tragedy
Panaji (PTI): As part of a crackdown against tourist establishments violating laws and safety norms in the aftermath of the Arpora fire tragedy, Goa authorities on Saturday sealed a renowned club at Vagator and revoked the fire department NOC of another club.
Cafe CO2 Goa, located on a cliff overlooking the Arabian Sea at Vagator beach in North Goa, was sealed. The move came two days after Goya Club, also in Vagator, was shut down for alleged violations of rules.
Elsewhere, campaigning for local body polls, AAP leader Arvind Kejriwal said the fire incident at Birch by Romeo Lane nightclub at Arpora, which claimed 25 lives on December 6, happened because the BJP government in the state was corrupt.
An inspection of Cafe CO2 Goa by a state government-appointed team revealed that the establishment, with a seating capacity of 250, did not possess a no-objection certificate (NOC) of the Fire and Emergency Services Department. The club, which sits atop Ozrant Cliff, also did not have structural stability, the team found.
The Fire and Emergency Services on Saturday also revoked the NOC issued to Diaz Pool Club and Bar at Anjuna as the fire extinguishers installed in the establishment were found to be inadequate, said divisional fire officer Shripad Gawas.
A notice was issued to Nitin Wadhwa, the partner of the club, he said in the order.
Campaigning at Chimbel village near Panaji in support of his party's Zilla Panchayat election candidate, Aam Aadmi Party leader Kejriwal said the nightclub fire at Arpora happened because of the "corruption of the Pramod Sawant-led state government."
"Why this fire incident happened? I read in the newspapers that the nightclub had no occupancy certificate, no building licence, no excise licence, no construction licence or trade licence. The entire club was illegal but still it was going on," he said.
"How could it go on? Couldn't Pramod Sawant or anyone else see it? I was told that hafta (bribe) was being paid," the former Delhi chief minister said.
A person can not work without bribing officials in the coastal state, Kejriwal said, alleging that officers, MLAs and even ministers are accepting bribes.
