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Post-note ban, Rs 35,000 crore cash stash flooded MP banks

Post-note ban, Rs 35,000 crore cash stash flooded MP banks

Monday, March 13, 2017, 3:01 PM

More than Rs 35,000 crore of stashed cash was pulled out of hidden lockers of corporates and individuals and deposited in 25 major banks within 60 days of demonetization in Madhya Pradesh. Pradhan Mantri Jan Dhan Yojana accounts rose by Rs 461 crore after the note ban - from Rs 863 crore on November 8, 2016, to Rs 1,324 crore on January 19, 2017.
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