21 months later, RBI says 99.3% of banned notes were returned

21 months later, RBI says 99.3% of banned notes were returned

Of the Rs 15.41 lakh crore worth Rs 500 and Rs 1,000 notes in circulation on November 8, 2016, when the note ban was announced, notes worth Rs 15.31 lakh crore have been returned.

This meant just Rs 10,720 crore of the junked currency did not return to the banking system.

http://www.rediff.com/business/report/21-months...