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RBI wants more time to tally old notes

RBI wouldn't divulge details about how much in demonetised currency had been deposited with banks

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Anup Roy Mumbai
The Reserve Bank of India (RBI) again wouldn’t divulge details about how much in demonetised currency had been deposited with banks after the general window closed on December 30 to give in all old Rs 500 and Rs 1,000 notes.

Deputy governor S S Mundra said the cash received was still being checked with the accounts. A window to deposit old notes was still open at RBI. Cooperative banks were also collecting the old notes. “There are 4,000 currency chests in the country. RBI also keeps currency. There is transfer of currency between these chests and RBI,” Mundra said.