As RBI declines exchange, son left with dead father's stash of old notes

NEW DELHI: The Reserve Bank of India (RBI) has declined a man's request to accept old demonetised notes left by his dead father.
Mastan Singh Maran, a Bhopal resident, submitted all the documents ranging from hospital bills to death certificate of his father at the RBI branch but the officials refused to accept as only NRIs are now eligible for exchanging old currency notes now as per guidelines.
Maran's nonagenarian father Shivcharan passed away on December 26, 2016 after being bed ridden for months.
The family claim to have found Rs 50,000 in Rs 500 old notes concealed in the almirah while they were cleaning the house after Shivcharan's last rites.
"My father (Shivcharan) was suffering from Alzheimer's disease. He might have forgotten to tell us about the cash," Maran said.
"When I approached RBI branch (in Bhopal) with the cash in old notes, they declined to accept those notes. They told me only NRIs could exchange old currency," he said.