28% citizens yet to deposit old currency in a bank: Survey (Lead, correcting intro)

Image
IANS New Delhi
Last Updated : Nov 29 2016 | 7:49 PM IST

Around 28 per cent of respondents are yet to deposit their old Rs 500 and Rs 1,000 currency notes in the bank and plan to do it before December 30, says a survey conducted by LocalCircles, a community engagement platform.

The survey was conducted across 150 cities in India in which over 8,000 citizens participated.

While 28 per cent indicated they were yet to deposit their old currency, approximately 60 percent indicated that they have already deposited their old currency in the bank.

Approximately 8 per cent people said they don't need or want to deposit the old notes while the remaining 4 per cent said they will be using the old notes where they are being accepted.

--IANS

som/vm/vm

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 29 2016 | 7:36 PM IST

Next Story