RBI gets its messages mixed with 50 notifications in 30 days3 min read . Updated: 08 Dec 2016, 06:19 PM IST
What was meant to be a clear communication strategy resulted in even more confusion with daily changes in demonetisation rules
Mumbai: In the month following the withdrawal of Rs500 and Rs1,000 as legal tender, the Reserve Bank of India (RBI) issued at least 50 notifications. But what was meant to be a clear communication strategy resulted in even more confusion as these daily evolving guidelines ended up showing the central bank as being unprepared for the problems that the public faced. Often, it went back on promises made earlier.
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