A public-private divide on day 1 of Rs 2,000 note exchange

Broadly, public sector banks did not insist on mandatory identity documents while exchanging the notes for smaller denominations. However, leading private lenders sought identity documents from those who did not have banking relationships with these lenders, but were exchanging notes at branches of these banks.

from Banking/Finance-Industry-Economic Times https://ift.tt/7IsRVvD