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RBI Policy

28 Dec 2016

Can the Government Expect Rs 1.5 trillion as Dividend from RBI on Demonetisation?

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The government passed an ordinance today on demonetisation of Rs 500 and Rs 1000 notes and effectively removed the liability of the government and RBI on the notes after 31st of March 2017.

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Arjun Parthasarathy
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