The CPI(M) today staged a protest rally on the issue of demonetisation outside the RBI office here, where the apex bank's governor Urjit Patel was addressing its central board meeting.
They demanded the time limit for exchange of old notes be extended.
"RBI has lost its independence under the Narendra Modi regime. All decision are being taken and executed by the PMO. We are not demanding a roll back rather we want the time limit for the exchange of old notes be extended," Left Front chairman Biman Bose said.
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Left Front Legislative Party (LFLP) leader Sujan Chakraborty said, "We are not against unearthing black money. But in the name of unearthing black money you can't put the common people in deep trouble. We are against this.
"We don't demand a rollback, rather we want that people should be given proper relief so that they don't face any problems. More Rs 500 new notes should be made available in the banks and markets," he said.
Left Front, he said, will give a deputation to the RBI governor in the afternoon.
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