Govt advised RBI on note ban 1 day before Modi's announcement: Report

No discussions regarding demonetisation were held during RBI board's meetings in May, July, August

On November 7, 2015, a day ahead of Prime Minister Narendra Modi's demonetisation announcement, it was the central government which "advised" the Reserve Bank of India (RBI) to withdraw the legal tender status of old Rs 500 and Rs 1,000 notes and not the other way round, reported the Indian Express on Tuesday while citing a seven-page note submitted by the RBI to the Parliament’s Department Related Committee of Finance. 

Earlier, the government had claimed that it was the RBI which had suggested implementing demonetisation. Speaking in the Rajya Sabha on November 16, the Union Power Minister Piyush