From November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth 5,92,613 crore have been issued to public

From November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth 5,92,613 crore have been issued to public https://www.taxtmi.com/news?id=17412 The withdrawal of Legal Tender status prompted the RBI to arrange supply of banknotes to the public via banks between November 10 and December 19, 2016; the RBI issued 22.6 billion pieces to banks for distribution with a predominance of smaller denominations, and reporting indicated no confirmed detection of counterfeit notes of the highest new denomination in the banking channel. en-us Fri, 03 Feb 2017 18:27:40 +0530 Fri, 03 Feb 2017 18:27:40 +0530 TaxTMI RSS Generator From November 10, 2016 upto December 19, 2016, banks have reported that banknotes worth 5,92,613 crore have been issued to public https://www.taxtmi.com/news?id=17412 The withdrawal of Legal Tender status prompted the RBI to arrange supply of banknotes to the public via banks between November 10 and December 19, 2016; the RBI issued 22.6 billion pieces to banks for distribution with a predominance of smaller denominations, and reporting indicated no confirmed detection of counterfeit notes of the highest new denomination in the banking channel. News - Fri, 03 Feb 2017 18:27:40 +0530 https://www.taxtmi.com/news?id=17412