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Rs 9.2 lakh crore introduced in new currency so far: RBI Governor Urjit Patel to Parliamentary panel

Reserve Bank Of India Governor Urjit Patel On Wednesday Told A Parliamentary Panel That Rs. 9.2 Lakh Crore Has Been Introduced In New Currency So Far.

News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 18 Jan 2017, 05:30:34 PM
Urjit Patel - File Photo

New Delhi:

Reserve Bank of India Governor Urjit Patel on Wednesday told a Parliamentary panel that Rs. 9.2 lakh crore has been introduced in new currency so far. 

The value of high denomination notes of Rs 500 and Rs 1,000 demonetised on November 8 was estimated to be Rs 15.44 lakh crore.  Patel refused to disclose how much of the demonetised currency has been deposited into banks.

Patel briefed a Standing Committee on Finance panel on Wednesday about demonetisation and its impact on the economy. 

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First Published : 18 Jan 2017, 04:55:00 PM