Officials said it had informed the RBI about these alleged malpractices earlier and is regularly updating it about such modus operandi being deployed
Fifty per cent of bank restructured assets were in infrastructure, steel, power and telecom sectors.
A representative of the Confederation of ATM Industry said ATM players were not consulted about the move and they received the news via media platforms.
The official twists and turns have raised questions on the government's credibility and its ability to pull the nation out of the demonetisation quagmire. To keep up with the new rules, the government has issued an updated FAQ on demonetisation.
Polling in Vellore was scheduled on April 18.
The West Bengal chief minister also accused the PM of 'removing crucial files' related to demonetisation.
The crux of the problem is change, specifically the Rs 500 note, which India's presses cannot, currently, print in adequate number, says Sahil Kini/IndiaSpend.
Hence, the claims by the Government that this will end the menace of black money and corruption are simply outlandish. Also, the simultaneous introduction of Rs 2,000 note undermines their claim and it simply does not fit the storyline of an attack on black money and corruption.
Growth in India will pick up from current levels, says LEO Puri, managing mirector, UTI Asset Management Company.
