RBI  selling the old notes of  1000-500 at Rs 250 per tonne

The Reserve Bank of India (RBI) is selling  the old notes of Rs 1000 and 500 at Rs 250 per ton. These notes are being sold to a company in Kerala. the company carries these notes  to their conclusion.

Kerala-based Western India Plywood (WIP) is purchasing the old currency from RBI.

The task of the notes has been carried out to about 71-year-old company by RBI.  The company has gone through the test. only after the successful completion of the test tender has been issued on behalf of the Central Bank.


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