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Finance Ministry is continuously monitoring currency exchange: Jaitley

| | Nov 12, 2016, at 09:16 pm
New Delhi, Nov 12 (IBNS): Union Finance Minister Arun Jaitley on Saturday said the Finance Ministry is continuously monitoring the currency exchange happening across the country.

"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

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