Sridhar Raavi
Home Politics 3.5 Lakh Crore Parked in 2.1 Crore New Bank Accounts After Nov...

3.5 Lakh Crore Parked in 2.1 Crore New Bank Accounts After Nov 8th

3.5 Lakh Crore Parked in 2.1 Crore New Bank Accounts After Nov 8thSome staggering figures are coming out after the Demonetization. It is said that between November 15 and December 25, 2016, 2.10 crore bank accounts were created and over Rs 3 lakh crore was deposited in them. In the total amount, 50000 Crore was cash deposit and 3 Lakh Crore was non-cash deposit.

These accounts are used for the conversion of the old legal tender. Government sources say that a huge proportion of extinguished cash has come back into the system is not a sign of failure but a testament to the policy’s success in formalizing the economy.

Incidentally, in the last 2 years, Modi government with its financial inclusion scheme, Jan Dhan, could only manage to open 20 Crore Bank Accounts but with no extra effort, we have seen around three crore new bank accounts getting opened in a month.

Agnyaathavaasi-Openings-&-Closing---Expectations-VS-RealityDon't MissOpenings & Closing - Expectations VS RealityThere were massive expectations with the opening day numbers of Powerstar Pawan...Mahindra Head Anand Mahindra Honcho Makes Fun Of Jai SimhaDon't MissMahindra Head Honcho Makes Fun Of Jai SimhaWhenever a new film of Nandamuri Balakrishna arrives, irrespective of its success...Agnyaathavaasi - Sets New Landmark In The USA-Don't MissAgnyaathavaasi Sets New Landmark In The USThe film Agnyaathavaasi starring Powerstar Pawan Kalyan is an unmitigated disaster. However,...Sai Pallavi - Naga ShouryaDon't MissWill It Affect Her Career?Naga Shourya's 'Chalo' is releasing on 2nd February. Therefore, the hero is...Mammootty-Maamankam-VFX--Rajamouli-BaahubaliDon't MissAnother Movie Inspired by Rajamouli MayhemIt has become considerably easier for makers of period films to begin...


Shriya Saran Latest Stills
Aiyaary Working Stills
Bindu Madhavi WE Magazine Stills

Facebook Comments

< Priyanka Chopra Hot Stills...
Rana Daggubati Turns Nostalgic... >