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28% citizens yet to deposit old currency in bank: Survey

The survey was conducted across 150 cities in India in which over 800 citizens participated

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu (Photo: Reuters)

A cashier displays the new 2000 Indian rupee banknotes inside a bank in Jammu (Photo: Reuters)

IANS New Delhi

Around 28% of respondents are yet to deposit their old Rs 500 and Rs 1,000 currency notes in the bank and plan to do it before December 30, says a survey conducted by LocalCirlces, a community engagement platform.

The survey was conducted across 150 cities in India in which over 800 citizens participated.

While 28% indicated they were yet to deposit their old currency, approximately 60% indicated that they have already deposited their old currency in the bank.

Approximately 8 per cent people said they don't need or want to deposit the old notes while the remaining 4% said they will be using the old notes where they are being accepted.

 

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First Published: Nov 29 2016 | 6:12 PM IST

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