The opposition calls the coincidence of the Central govt’s announcement allowing district cooperative banks to exchange demonetised currency notes and the Shiv Sena supporting BJP’s Presidential candidate a move indicating a political deal, reports Deccan Chronicle.
Earlier, the Shiv Sena had demanded that the RBI exchange old notes close to Rs 2,772 crore for new ones in central cooperative banks, which were worst hit after demonetization.
The central government’s announcement may also trigger such demands from individuals still left with the old bills, the daily says.
A source said the government may have allowed the exchange facility to cooperative banks because it would help states deal with farm loan waiver. It pooh poohs all such charges.
