Business
RBI has adequate stock of cash: Jaitley
New Delhi, Dec 20 Finance Minister Arun Jaitley on Monday said the Reserve Bank of India has sufficient stock of cash, which would last way beyond December 30.
"RBI has adequate cash, not only to last till December 30, but well beyond that," said Jaitley while briefing the media here.
On the question of being less prepared, Jaitley said: "There was complete preparation. Not even for a single day did the RBI not release adequate currency stock through the banking system."
"A certain amount of currencies are to be released each day. There was already preparation for that. Therefore, stock has been maintained, adding both advance printing and current printing," he added.
23 seconds ago
India positioning itself as key player in global AI ecosystem: Report
1 minute ago
'BRICS Space Economy' next frontier of global growth: Minister
1 minute ago
11th BRICS Energy Ministers' meet to be held in Gurugram today
2 minutes ago
Seoul shares extend gains on tech rally
3 minutes ago
Tripura bans private practice by govt medical college doctors; Cong opposes move
3 minutes ago
SC treats carpenter's disability as 100 pc, raises accident compensation to Rs 35.95 lakh
4 minutes ago
'Recurring acid attacks on women in Pakistan expose societal and institutional failures'
5 minutes ago
Pakistani pleads guilty in Medicare fraud-linked case
6 minutes ago
Women's T20 WC: Aussie coach Nitschke hopeful for Litchfield's return for India game
6 minutes ago
Sciver-Brunt making progress but will miss last group game: ECB
7 minutes ago
Women's T20 WC: England punch ticket to semis with win over Windies
8 minutes ago
FIFA WC: Morocco beat spirited Haiti to enter knockout stage as Group C runners-up
8 minutes ago
FIFA WC: Brazil move to Round of 32 as Group C winners
