Diabytes
Note ban india News
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The RBI data shows increasing trend in UPI (unique payment interface) based transactions.
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The outstanding demonetised notes as on November 8, 2016 were Rs 15.44 lakh crore. Of these, Rs 15.28 lakh crore or 99 per cent were returned, leaving only about Rs 16,000 crore outside the banking system.
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The government on November 8 last year had announced the scrapping of Rs 500 and Rs 1,000 notes, totalling Rs 15.44 lakh crore. It constituted 86 per cent of the total cash in circulation.
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