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There are allegation that from November 15 to November 18, the bank manager had issued 149 demand drafts for amounts less than Rs 50,000 in favour of a Pune-based finance company in violation of RBI guidelines.

Can't reveal reason behind note ban: RBI

The monetary policy regulator also refused to give any details about the time it will take to replenish the currency...

29 Dec 2016 4:42 PM IST