image

Demonetisation crisis: Banks asked to use indelible ink while exchanging notes

by India Blooms News Service 15 Nov 2016, 12:02 am

#Demonetisation crisis: Banks asked to use indelible ink while exchanging notes

New Delhi, Nov 15 (IBNS): To foil the attempts of some to turn black money into white amid the nationwide demonetisation crisis, banks have been directed by the union government to use indelible ink while exchanging banned Rs. 500 and 1,000 notes, said media reports on Tuesday.

While the ATM counters were dry since Monday, Prime Minister  Narendra Modi reviewed the position regarding the supply and availability of currency notes yesterday late evening and took certain decisions to further activate the dispensing of cash through the networks of Banking Correspondents (BCs), Post Offices, ATMs, Banks and E-payment systems.
 
But no bank ATM functioned in the morning hours in many places in India, including in cities like Kolkata.
 
Amid the opposition outcry, Narendra Modi on Monday assured his party members that his government has the support of the people.
 
Modi met with BJP parliamentarians in the evening and told them "the country is with the government," media reports said.

Top Headlines

Related Videos
Video

Taste of America, Indian style

by India Blooms 09 Jul 2015, 03:37 am

Video

Love is the Drug

by Hannah Cornett 01 Jun 2015, 02:00 am

Video

Can India benefit from Kentucky coal?

by ibns 30 Jan 2015, 02:12 am

Video

Bollywood weekly round up

by ians 11 Aug 2014, 01:44 am

Related Photos
In Images: BJP supporters hold Tiranga Yatra in Kolkata to celebrate success of Operation Sindoor

In Images: BJP supporters hold Tiranga Yatra in Kolkata to celebrate success of Operation Sindoor

by Trans World Features 16 May 2025, 10:15 am

In Images: Narendra Modi visits Adampur Air Base days after Operation Sindoor

In Images: Narendra Modi visits Adampur Air Base days after Operation Sindoor

by Trans World Features 15 May 2025, 08:28 am

In Images: PM Modi addresses soldiers at Adampur airforce base

In Images: PM Modi addresses soldiers at Adampur airforce base

by Trans World Features 15 May 2025, 08:22 am