The IBA decision is only for Saturday and from Monday onwards all customers will be allowed to exchange notes at a branch of any bank. Photo: PTIMumbai: Indian Banks’ Association on Friday said all banks will serve only their respective customers on Saturday and will not exchange the old Rs500 and Rs1,000 notes from customers of other banks. And tomorrow we will not be doing exchange of notes (for outside customers),” IBA chairman Rajeev Rishi told reporters in Mumbai on Friday. More news on demonetisationHe, however, said senior citizens are exempted and they can go to any bank branch to exchange notes on Saturday. The IBA decision is only for Saturday and from Monday onwards all customers will be allowed to exchange notes at a branch of any bank.

Source: Mint November 18, 2016 15:54 UTC