₹5 lakh crore deposited since demonetisation: PM Modi
Prime Minister Narendra Modi on Sunday said that Indians have deposited ₹5 lakh crore since the announcement of demonetisation on November 8. "Now as the banks are cash rich, they will distribute it as loans to our entrepreneur and youth," he stated. Further, Modi said the initiative was appreciated by poor people, who despite facing difficulties supported the government.