Thursday, November 10th, 2016

Demonetisation: PM Modi appreciates ‘patience to bear limited inconvenience’

Narada Desk | November 10, 2016 7:49 pm Print
Reports said people were queuing up outside banks to exchange the notes as banks opened on Thursday after demonetisation announcement
PM Modi

Prime Minister Narendra Modi on Thursday appreciated people across the country for enthusiasm and the patience to bear limited inconvenience over the demonetisation process.

Modi also expressed his happiness over the process of exchanging high value notes saying people getting their money exchanged in an orderly manner.

Modi tweeted: “So happy to learn that citizens are expressing their gratitude to bankers & getting notes exchanged in a very patient & orderly manner. It is also heartening to learn that people are actively volunteering to help senior citizens withdraw money & exchange their currency.”


Following the government’s decision to takes out RS 500 and RS 1000 notes out of circulation, the country is in a process of replacing the old notes.

Reports said people were queuing up outside banks to exchange the notes as banks opened on Thursday after demonetisation announcement.

Modi on Tuesday said the current 500 and 1000 rupee notes will not be valid on Wednesday onwards and asked to the country to deposit or exchange in banks or post office across the country. PM said the decision is aimed to end corruption, black money and terrorism in the country.

Reserve Bank of India on Wednesday said that banks across the country will remain open on the coming Saturday and Sunday to facilitate smooth transaction. he national banks including State Bank of India and ICIC have announced an extension in banking hours to help people make transactions easily.

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