Finance Ministry is continuously monitoring currency exchange: Jaitley
"When Govt. decided to demonetize, it had expected that people would go to banks in large numbers," Jaitley said.
He said, "The Finance Ministry is continuously monitoring the currency exchange happening across the country."
He said people are cooperating with the authority in executing the transaction process.
"It is a massive operation," Jaitley said.
Speaking on the transaction made by the SBI, Jaitley said: "54,370 crore worth monetary transactions 47,868 crore deposits in SBI in 2.25 days."
He said people have time till Dec 30 to deposit old money.
"Everyone need not come to deposit old notes in the beginning days itself, you have time till December 30," he said.
Image: PIB India
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
