Reserve Bank of India (RBI) has extended the date for the public to exchange their pre-2005 banknotes till December 31, 2015. In December 2014, the RBI had set the last date for public to exchange these notes as June 30, 2015, the central bank said in a statement on Thursday.Soliciting cooperation from members of public in withdrawing these banknotes from circulation, the RBI has urged them to deposit the old design notes in their bank accounts or exchange them at a bank branch convenient to them.
