Were you abroad when demonetisation happened? Get proof from the airport

If you were abroad when Prime Minister Narendra Modi announced demonetisation and are now having a tough to deposit old notes, you have to get a proof now.

The RBI said you will have to get stamped documents from the airport to prove that you were abroad.

People who thronged RBI to deposit old notes were facing a hard time. RBI, then, displayed a notice stating old notes will not be accepted from anyone except those who were not in the country after 500 and 1,000 notes were banned.

Meanwhile, as per a Bloomberg report, 97% of the banned cash has been deposited in the banks, a claim which Finance Minister Arun Jaitley has not affirmed or declined.

Many people are protesting outside RBI and its branches that have refused to accept old notes now.

"People in large number have already exchanged. Only a few are left...we don't go by... Whatever reason, the RBI has fixed their own criteria. At least, I will respect that criteria," said Jaitley.

People who were out of India from November 9 to December 30 have been given a three-month grace period till March 31 to deposit the banned notes, Non Resident Indians have six months till June 30.

Meanwhile, President Pranab Mukherjee said notes ban may lead to temporary slowdown of the economy.