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.