Note ban: 2,400 bank branches report suspicious transactions
As many as 2,400 public sector bank branches have reported suspicious high-value transactions after the government demonetised ₹500 and ₹1,000 notes in November 2016, according to officials. These transactions were carried out between November 8 to December 30. Most of the bank branches which have reported the suspicious transactions are in Uttar Pradesh, Madhya Pradesh, Rajasthan and West Bengal.