When was RBI governor told of note ban, House panel asks govt

The PAC has also asked how many banknotes have been cancelled as on December 15, 2016

When was Reserve Bank of India (RBI) Governor Urjit Patel informed about the government’s decision to demonetise Rs 500 and Rs 1,000 currency notes, the Public Accounts Committee of Parliament has asked the finance ministry.

Key finance ministry officials — Finance Secretary Ashok Lavasa, Economic Affairs Secretary Shaktikanta Das, Revenue Secretary Hasmukh Adhia and Financial Services Secretary Anjuly Chib Duggal — are scheduled to appear before the panel on Friday. The Budget session of Parliament takes a break on Thursday. These officials were called as the PAC, headed by Congress lawmaker K V Thomas, was not satisfied with the responses