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Demonetization: RBI has no data on banned Rs 500, Rs 1,000 notes used at petrol pumps, hospitals

Reserve Bank of India (RBI) doesn’t have data on banned Rs 500 and Rs 1,000 notes used to pay at petrol pumps, government hospitals, public transport among others; new agency PTI reported citing a reply to RTI query. On November 2016, the day demonetization was announced; the Modi government had allowed exchange of the demonetized notes and their usage for payment of utility bills for twenty three services.

 

“Information on (invalidated) notes used for paying utility bills is not available with us”, news agency PTI said citing RBI’s reply to a Right to Information (RTI) query. Demonetization: RBI has no data on banned Rs 500, Rs 1,000 notes used at petrol pumps, hospitals. Reserve Bank of India (RBI) doesn’t have data on banned Rs 500 and Rs 1,000 notes used to pay at petrol pumps, government hospitals, public transport and other places. RBI, 2 percent interest subsidy scheme dor crop loans, crop loans, crop loan amount, and crop loans for farmers the relaxation was discontinued on November 25, 2016 after the use of only old 500-rupee notes at these utilities was allowed by the government till December 15, 2016.

Reserve Bank of India (RBI) doesn’t have data on banned Rs 500 and Rs 1,000 notes used to pay at petrol pumps, government hospitals, public transport among others; new agency PTI reported citing a reply to RTI query. On November 2016, the day demonetization was announced; the Modi government had allowed exchange of the demonetized notes and their usage for payment of utility bills for twenty three services. “Information on (invalidated) notes used for paying utility bills is not available with us”, news agency PTI said citing RBI’s reply to a Right to Information (RTI) query.

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