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DeMo won’t curb black money, RBI told govt

DeMo won’t curb black money, RBI told govt
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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