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Bombay HC rules RBI circulars on demonetisation inconsistent

<p>Hearing a petition filed by the district co-operative banks, which have been banned from exchanging and depositing the defunct Rs 500 and Rs 1,000 rupee notes, the Bombay High Court on Monday observed that there were inconsistencies between the two circulars issued by the RBI on November 8 and 14</p>

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Hearing a petition filed by the district co-operative banks, which have been banned from exchanging and depositing the defunct Rs 500 and Rs 1,000 rupee notes, the Bombay High Court on Monday observed that there were inconsistencies between the two circulars issued by the RBI on November 8 and 14.

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