Find Out What Banks Told Government As 50-Day Demonetisation Deadline Nears

Banks have asked the government to extend the curbs on cash withdrawals beyond December 30 until an adequate quantity of new currency is injected, according to bankers and officials in the Finance Ministry. Lifting the curbs immediately after this week could disrupt branch operations as a large number of people could turn up to withdraw cash, bankers have told the Finance Ministry.