To alleviate pain of the customers standing in long queues, RBI also announced a number of measures for banks to follow
The Bengal CM had referred to the demonetisation step as the "black policy of the black government"
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An all-party meeting will be held on Tuesday
Odisha has 6,238 gram panchayats and about 4,400 of them do not have a bank branch
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Amid persistent fear of prosecution and penalty, people across income classes are looking for ways to do away with stacks of higher denomination currency
China has also launched a streak of anti-graft measures, while punishing over 1 mn corrupt officials in the past 3 years
The panel will provide direction and guidance for recalibrating ATM machines to dispense the new notes
West Bengal chief Mamata Banerjee had on Sunday mooted the idea of a united front against the Centre's demonetisation move
The employees of Kamala Nagar branch of Syndicate Bank in Saroornagar were booked late on Sunday after the manager lodged a complaint with the police
Two bank employees were booked yesterday for exchanging demonetised notes worth Rs 6 lakh without identification proof
It is the poor who are camping outside banks and it is Modi's friends who are sleeping peacefully, says Delhi CM
People should brace for 'minor hardships for some time' for development and prosperity of the nation
From consumer retail to cement, steel, logistics, transportation and automobiles, the back-end is struggling to get going, due to the liquidity crisis
The weekly limit of Rs 20,000 for withdrawal from bank accounts has been increased to Rs 24,000. The limit of Rs 10,000 per day is removed
Centre also said it had started disbursing the new series of Rs 500 notes and was identifying rural pockets where availability of cash was a problem
A bank holiday on Monday only aggravated the situation as panicked customers stood hours outside branches to deposit and exchange cash
Police also issued an advisory on its Twitter handle, asking people not to believe on rumours, related to withdrawal of money and demonetised notes, spreading thick and fast
The gold and jewellery route has been followed by persons with black money to convert their Rs 500 and Rs 1,000 notes at a haircut of 20-40%