Saturday 14 January 2017

97% of old Rs.500 and Rs.1000 back in banking system

Recent demonetisation in India made the people got to bank's and deposit their notes. Recent RBI latest data indicates that Rs.14.90 lakh crore rupee around 97% of the Rs.15.44 crore worth of demonetised currency is back into banking system. So, Rs.54000 crore of banned notes didn't return actually government estimates that Rs.3.44 Lakh crore rupees will not return. But govt. is checking each and every bank account in India to Identify the actual black money in India.

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