Rs 12.4 lakh crore of old notes deposited in banks till December 10

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Reserve Bank of India Deputy Governor R Gandhi on Tuesday said Rs 12.4 lakh crore of old notes have been deposited in banks till December 10. The remarks came during an impromptu press meet with news agencies Doordarshan, PTI and ANI.

RBI Deputy Governor SS Mundra was also present in the meeting, who said the central bank has suspended its staff in Bengaluru who was arrested on Tuesday on charges of colluding with bank officials in changing notes. The official in question was a junior staff who was visiting bank branches on a supervisory capacity, Mundra said.

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