Despite some reservations the board approved demonetisation, which was proposed by an RBI deputy governor and supported by a note from the finance ministry, which provided a draft scheme for withdrawal of existing Rs 500 and Rs 1,000 bank notes.
from Times of India https://ift.tt/2XPGae7
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Monday, March 11, 2019
DeMo won’t curb black money, RBI told govt
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