AAI allows currency exchange counters at its airports - News Summed Up

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AAI allows currency exchange counters at its airports


To facilitate air travellers, the Airports Authority of India (AAI) on Thursday allowed opening of currency exchange counters by scheduled commercial banks at its airports across the country. According to the AAI, the exchange counters will be on a temporary basis and slated to operate till December 31. “Hence, extending its support to the campaign and facilitating airport users and air travelers, AAI has decided to allow any scheduled commercial bank to open and operate on temporary basis, currency exchange counter.”However, airports operated under joint ventures (JV) have not been included in the scheme, as sufficient bank branches and exchange counters are located there. On Monday, the ministry of civil aviation suspended vehicle parking charges at all airports till the midnight of November 21. The central government demonetised Rs 500 and Rs 1,000 currency notes on November 8.


Source: Hindustan Times November 17, 2016 17:42 UTC



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