Demonetisation: Big money flows into bank deposits

Rajalakshmi S Updated - January 12, 2018 at 09:12 PM.

During the demonetisation period (November 8 to December 30, 2016), 1.09 core bank accounts received between Rs 2 lakh and Rs 80 lakh.

On an average, Rs 5.03 lakh was deposited in these accounts, according to Finance Minister Arun Jaitley.

About 1.48 lakh bank accounts received more than Rs 80 lakh each. On an average, each bank account received Rs 3.30.crore.

Published on February 1, 2017 07:15