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<blockquote data-quote="Ramadhir Singh" data-source="post: 2313741" data-attributes="member: 48205">RBI haven't said anything officially - <a href="https://rbi.org.in/Scripts/NotificationUser.aspx" target="_blank">https://rbi.org.in/Scripts/NotificationUser.aspx</a>And the data available in public domain is hard to decode for common people- <a href="https://www.rbi.org.in/scriptS/BS_ViewMasDirections.aspx?id=12032" target="_blank">https://www.rbi.org.in/scriptS/BS_ViewMasDirections.aspx?id=12032</a> , only beating around the bush.Technically within 24 hours one suppose to get refunds, but on safe side merchants says 3-4 days.Situation right now is RBI (headed by a economics illiterate and class 1 idiot, who was appointed only to facilitate current govt withdraw money &quot;illegally&quot; form reserves ) is working haphazardly, without any logical thinking. And this is taxing the banks a lot, because they have to do everything &quot;logically&quot; with very limited manpower.Earlier also changes had been made in our banking system, introduced some real changes specially between 1992-1997, and again 2002 - 2009, but those were rolled out systematically - in a phased manner.Common people never suffered because of those measures.</blockquote>

[QUOTE="Ramadhir Singh, post: 2313741, member: 48205"] RBI haven't said anything officially - [URL]https://rbi.org.in/Scripts/NotificationUser.aspx[/URL] And the data available in public domain is hard to decode for common people- [URL]https://www.rbi.org.in/scriptS/BS_ViewMasDirections.aspx?id=12032[/URL] , only beating around the bush. Technically within 24 hours one suppose to get refunds, but on safe side merchants says 3-4 days. Situation right now is RBI (headed by a economics illiterate and class 1 idiot, who was appointed only to facilitate current govt withdraw money "illegally" form reserves ) is working haphazardly, without any logical thinking. And this is taxing the banks a lot, because they have to do everything "logically" with very limited manpower. Earlier also changes had been made in our banking system, introduced some real changes specially between 1992-1997, and again 2002 - 2009, but those were rolled out systematically - in a phased manner. Common people never suffered because of those measures. [/QUOTE]

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