FM forced RBI rollback on deposits, says BJP

  |   India News

Playing down doubts raised by Andhra Pradesh chief minister N Chandrababu Naidu on demonetisation, BJP claimed the RBI move to roll back its notification restricting cash deposits above Rs 5,000 was a course correction done at the behest of finance minister Arun Jaitley to ensure that common people were not inconvenienced. BJP spokesperson Sidharth Narth Singh said even earlier rules were tweaked keeping the situation in mind. Singh defended the RBI and said no questions would be asked in case of one-time or repeat deposits if the accounts were KYC-compliant. On NDA partners raising apprehensions on demonetisation, Singh said Naidu's concerns were shared by the government and there were no differences among the allies

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