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War on black money: Citizens continue to suffer
Posted
November 23, 2016
Views
651
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November 23, 2016
651
1
0.15%
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4:31
57:14Now PlayingIt is day 14 of the currency ban announcement. In these last 14 days the RBI's instructions to banks have flip flopped - causing more confusion in an already stressed system. The Limit of exchange for notes has been modified thrice in 14 days, the withdrawal limit has been modified to Rs 2,000 and ink was introduced and then rolled back. And worst of all, the rules for families preparing for weddings have been ambiguous. Banks did not release the money until they received a formal circular last night and we are now given to understand that those rules are under further reconsideration. To discuss this issue Magicbricks Now caught up with Aarti Sathe- BJP Spokesperson and Advocate, Amee Yajnik- Spokesperson, Congress, V Raghunathan- Former Banker & Former Professor of Finance, IIM, Ahmedabad, Himanshu- Economist, Vishwas Utagi- President, All India Banks Employees Association and Somnath Naik- President, Maharashtra Pensioners Association, Pune.
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