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Rs 9 Lakh Crore Already Back In The System After Demonetisation, Says SBI Chairman
Swarajya Staff
Jan 12, 2017, 09:15 PM | Updated 09:15 PM IST
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State Bank of India (SBI) chairperson Arundhati Bhattacharya said today (12 January) that out of the Rs 13 lakh crore that was out of the economic system, about Rs 9 lakh crore has already come back post-demonetisation.
Noting that economic activity has picked up, she said only about Rs 4 lakh crore money is now out of the system, and this is also expected to come back to the system in one-and-a-half months’ time.
With inputs from IANS
Also Read: Demonetisation: Latest RBI Data Reveals That Over Rs 1.6 Lakh Crore Has Not Returned To Banks
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