The RBI has come out with its Annual Report 2016-17. The report says that 98.96% of the demonetized notes have returned to the banking system. Of the 15.44 lakh crores worth of currency in circulation in the form of Rs. 500 and Rs. 1,000 notes, 15.28 lakh crores has returned back. This is in contrast to the argument put forth[Read More...]
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