Says it has not submitted any such recommendation to government
Reported one of India's largest bank fraud,the case has stunned financial markets
In a shock move on November 8 last year, Modi cancelled all INR1,000 and INR500 notes in circulation
Despite efforts, majority of the population remains outside formal banking sector
The more harder India pushes its nationalism on to its population, the further away we send Kashmiris
Central bank partially lifted limits for certain accounts earlier this month
The move comes weeks before the crucial Uttar Pradesh state elections
Move comes days after Senate adopted a resolution to withdraw the Rs5,000 note
Many people are hesitant to publicly voice dislike of demonetisation because they are afraid that they will be abused
Banknote is being used in illegal transactions and should be withdrawn, states the resolution