₹3 lakh crore deposited in banks post ₹500, ₹1000 note scrap
About ₹3 lakh crore worth old ₹500 and ₹1,000 notes have been deposited in banks while ₹50,000 crore has been dispensed to public in the first four days following demonetisation, Finance Ministry said on Sunday. Further, the banking system has handled about 18 crore transactions during this period, it added. Notably, banks have now started issuing new ₹500 currency notes. 