autotldr•

This is the best tl;dr I could make, original reduced by 79%. (I'm a bot)


While much of India has become habituated to the sight of people lining up at banks and cash dispensers since the November 8 demonetisation announcement, bank officials said the message from the Reserve Bank of India is that supplies may not get any easier in the near future and that they should push digital transactions.

"We had sought a hearing with RBI as we were not allocated enough cash, but we were told that rationing of cash may continue for some time," said a banker who was present at one of several meetings with central bank officials.

In an interview to PTI last week, RBI Governor Urjit Patel said the central bank was monitoring the situation on a daily basis and urged people to start using debit cards and digital wallets.


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