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Rs 2 Lakh Crore Could Be Government's Gain From Note Ban: Report
SBI estimates Rs 13 lakh crore worth of banned notes to get deposited Rs 1.5 lakh crore generated from illegal activities may not come to banks Rs 1 lakh crore could be come under the self-declaration scheme
06 Dec 2016, 09:48 AM IST 
SBI expects Rs 1 lakh crore to be disclosed under the self-declaration of undisclosed income scheme
Since demonetisation was announced on November 8, how much old 500 and 1000 rupee notes will not come back into the banking system has been a subject of intense speculation. The economic research department of SBI expects Rs 2.5 lakh crore not to come into the banking system.
According to SBI's estimates, Rs 13 lakh crore worth of banned notes might be deposited in the banking system out of the total value of high denomination curre...
