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97% Of Demonetized Notes Deposited With Banks As On December 30th 2016

97% Of Demonetized Notes Deposited With Banks As On December 30th 2016

Thursday, January 5, 2017, 10:19 AM

According to Bloomberg news service, nearly 97% of scrapped 500 and 1000 rupee notes have been deposited with banks, as on December 30th 2016. Bloomberg said that out of INR 15.44 lakh crore demonetized currency representing about 86% of all currency by value in the economy, banks had received INR 14.97 lakh crores by December 30th 2016, the deadline for depositing these notes.
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