.......“It is our endeavor to shift all our retail business to commercial banks. We had announced our intention in our annual policy for 2012-13. We have, however, not decided a date for its implementation,” RBI spokesperson Alpana Killawala said. Traders claim that the RBI is planning to implement the policy from January. “At present, 90 to 95 per cent of the purchase of small notes and coins is being done through the RBI centres. Any move to shut these outlets will cause a shortage of coins in the market in the short term,” Confederation of All India Traders general secretary Mahesh Bakhai said........
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