Source: News Bharati English13 Dec 2016 19:36:47
New Delhi, Dec 13: The various banks have so far collected till Tuesday Rs 12.44 lakh crore of scrapped high denomination currency notes of Rs 500 and Rs 1000 since they were demonetised on November 8 by the Narendra Modi government, the Reserve Bank said.
According to the central bank, the banks have issued Rs 4.61 lakh crore to people through ATMs and bank counter since then.
RBI Deputy Governor R Gandhi said that the RBI has issued the notice to all the banks for data checking. “People are requested to freely use notes they have rather than holding them,” Gandhi said.
“The RBI has issued 21.8 billion pieces of currency notes of various denominations since demonetisation,” the RBI Deputy Governor said.