1. Banks start using indelible ink; key highlights of the day

Banks start using indelible ink; key highlights of the day

Most of the ATMs in the country still face currency shortage and there has been a increase in the use of plastic money to some extend and online payment apps in urban centres.

By: | New Delhi | Published: November 16, 2016 4:20 PM
 Long queues continue to be seen outside ATMs and banks to deposit and withdraw cash on Wednesday. (ANI) Long queues continue to be seen outside ATMs and banks to deposit and withdraw cash on Wednesday. (ANI)

Eight days after the NDA government demonetised Rs500, Rs1,000 notes to eliminate black money, fake currency, and corruption, long queues continue to be seen outside ATMs and banks to deposit and withdraw cash on Wednesday. Most of the ATMs in the country still face currency shortage and there has been a increase in the use of plastic money to some extend and online payment apps in urban centres. The move is likely to affect Parliament’s ongoing winter session with the Opposition parties questioning the Modi government’s stand.

Here are the key developments of the day:

*SBI and several other banks in the national capital have started using indelible ink on thursday. As per statement by the governmnet, 11 branches of SBI are using the method to weed out customers who are lining up again and again to exchange invalid currency notes.

*On the first day of the winter session of the Parliament, Prime Minister Narendra Modi told reporters that he was hopeful that an open discussion on issues will pave way for good decisions. He added that his government is looking forward to a positive discussion on all issues with all parties.

*Leader of Opposition in the Rajya Sabha Ghulam Nabi Azad said that the prime minister must listen to the Opposition.”

*This did not happen even at the time of emergency. Now common man has become a beggar. In villages, people have stopped buying goods like toothpaste and hair oil, said Ram Gopal Yadav..

*Union Power Minister Piyush Goyal said with demonetisation there is a celebration of honesty in the country. He added that for the first time, there is a PM and government that is ready to give a tough fight to corruption.

Please Wait while comments are loading...

Go to Top