Relief for small traders, to get 2% rebate on digital transactions, says finance minister Arun Jaitley

Finance minister Arun Jaitley held a press conference on Monday to brief the media about the steps being taken by the government to ease the cash crunch. Jaitley said that the Reserve Bank dispensed adequate cash to the banks since the demonetisation move.

Here are the live updates:

# Relief for small traders, to get 2% rebate on digital transactions

# Banks have been asked to take action against erring officials

# Today there are no exemptions, as long as there were, people were getting old currency: Jaitley

# RBI has more than adequate cash to last not just till December 30 but well beyond that

# There has been no day when RBI did not dispense adequate cash to banks 

# Whoever has old currency must go and deposit it in banks in one go: Jaitley