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Rs 12.4 lakh crore exchanged, deposited up to December 10 after note

Rs 12.4 lakh crore exchanged, deposited up to December 10 after note

Tuesday, February 7, 2017, 5:56 PM

Finance Ministry said that the government detected undisclosed income worth Rs 5,400 crore as on January 10. The ministry also said that Rs 27,880 crore was withdrawn from Jan Dhan accounts between November 13 and January 20. “Rs 12.4 lakh crore was exchanged, deposited up to December 10 after demonetisation,” the ministry added. Demonetization had led to 86% of currency being withdrawn from circulation.
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