The decision to demonetization of currency notes of Rs 500 and Rs 1000 was upheld by Supreme Court on Monday. Now the sources have claimed that RBI was “never in the loop”.
“It is said that the Government was in consultation with the RBI for six months. The (RBI) Board was never in the loop. Maybe one or two people from RBI would have known. Suddenly within half-an-hour or one hour, you issue a notice and call a Meeting without even informing about the agenda,” said an official
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