Rbi On Demonetisation
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RBI Admits That On Notes Ban, It Followed Government's Lead
The Reserve Bank of India or RBI has said that though it was the government that recommended cancelling high-denomination notes in November, the central bank felt that "such a proposal could not have come at a more opportune time." The government "advised" the RBI to scrap 500 and 1,000-rupee notes on the November 7, just a day later, the RBI board...
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In Reply To RTI Query, RBI Refuses To Disclose Deliberations Of Its Board On Notes Ban
The Reserve Bank of India has refused to allow access to minutes of meetings held to decide on the issue of demonetisation of Rs 1,000 and Rs 500 notes announced by Prime Minister Narendra Modi on November 8.
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RBI Admits That On Notes Ban, It Followed Government's Lead
The Reserve Bank of India or RBI has said that though it was the government that recommended cancelling high-denomination notes in November, the central bank felt that "such a proposal could not have come at a more opportune time." The government "advised" the RBI to scrap 500 and 1,000-rupee notes on the November 7, just a day later, the RBI board...
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In Reply To RTI Query, RBI Refuses To Disclose Deliberations Of Its Board On Notes Ban
The Reserve Bank of India has refused to allow access to minutes of meetings held to decide on the issue of demonetisation of Rs 1,000 and Rs 500 notes announced by Prime Minister Narendra Modi on November 8.
