As the economic affairs secretary, Das was the key man behind the planning and execution of demonetisation drive. Most of the public statements on demonetisation had been made by him which led to the impression that the government was at the forefront of the drive instead of the RBI.
Mastercard has given a proposal to the RBI to delete back data from certain date but is wary of consequences of such a move, including disputes over transactions.
Coins come in only four denominations. But they come in different sizes for the same denominations. “If customers come with sorted coins of different denominations, we will accept them,” said a banker in Patna. Bhopal-based street vendor, Vishwanath Dubey, said he had to call police when a businessman refused to accept coins from him because of the refusal of the banks to accept them. “But how many times can I call the police?” he asked.