I remember the evening of November 8, 2016, as vividly as I do my first day at college. There was a notification at around 7:40 pm that asked the nation to standby for Prime Minister Narendra Modi’s address to the nation. It was a bolt from the blue, but not really unexpected, especially with the Uri attacks and the following Surgical Strikes that had created a lot of tension between the two neighbours even as India had vacated all the bordering villages in the wake of a possible military action from the other side. Are we at war with Pakistan? Just after the announcement of demonetisation, the Reserve Bank of India (RBI) took the onus to clear the air on note exchange.
ATMs –Non-dispensing of Old High Denomination Notes – Closure of operationshttps://t.co/Cz2M6mjIKd— ReserveBankOfIndia (@RBI) November 8, 2016