1) The government has announced that cash deposits between November 8th and December 30th will require PAN proof if the combined deposits exceed Rs. 2.5 lakhs. Depositing unaccounted money in someone else's account will attract penalties including imprisonment. 2) The RBI has allowed banks and NBFCs to retain loans up to Rs. 1 crore as "Standard" for an additional 60 days. It has also permitted withdrawals up to Rs. 2.5 lakhs for weddings from pre-November 8th balances, to be used for non-bank account holders. 3) Heavy cash deposits with banks are negatively impacting the RBI's balance sheet as it supplies