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RBI Clarifies After Reports Say Rs 15 Lakh Crore Old Notes Deposited

Till December 10, Rs 12.44 lakh crore old notes returned to the banking system, the RBI had earlier said.
Till December 10, Rs 12.44 lakh crore old notes returned to the banking system, the RBI had earlier said.
The Reserve Bank of India on Thursday issued a clarification after various news agencies, citing sources, came out with estimates of old note deposited in the banking system. Neither the RBI nor the government has come out with an official estimate of the old notes deposited in the banking system after the deadline ended on December 30. The RBI said it is taking all steps to complete the process expeditiously so as to release firm ...
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