India banknote update

in #money7 years ago

Banks received Rs.5.44 trillion in deposits and old notes submitted for exchange from the time banks reopened after demonetisation till 18 November

https://www.livemint.com/Industry/6ZA0J4uzD98QyWF1jSD4PK/Demonetization-Banks-received-Rs512-trillion-worth-deposit.html

“They (banks) have also reported that the public have withdrawn, during this period, Rs 1,03,316 crore from their accounts either over the counter or through ATMs (automated teller machines),” the statement said.

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I can say its bad or good for india.

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