Note Ban: Rules changed again, reflects poor implementation?

20-12-2016 Tue 06:46

Ever since Prime Minister Narendra Modi dramatically announced the end of the 500 and 1,000 rupee notes on the night of November 8, there have been more than 50 notifications by the Finance Ministry and the Reserve Bank of India on the rules of withdrawing and depositing money. While the PM and the Finance Minister Arun Jaitley said people didn't need to rush right away to banks to deposit old notes and they had time till the end of December, turns out, not quite. The Central government changed its mind once again.



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