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<h1>RBI Cites RTI Act Section 8(1)(a) to Withhold Reasons for Demonetisation of Rs. 1000 and Rs. 500 Notes.</h1> The Reserve Bank of India (RBI) has declined to disclose the reasons behind the demonetisation of Rs. 1000 and Rs. 500 notes, citing Section 8(1)(a) of the Right to Information Act, which protects information that could affect national interests. This refusal includes not providing details on when currency replenishment will occur. The RBI also denied access to the minutes of meetings related to the demonetisation decision, leading to criticism from former Central Information Commissioner and activists. They argue that the RBI's non-disclosure policy contradicts the RTI Act's transparency requirements, prompting appeals and complaints against the RBI's stance.