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.

52 minutes ago
Baahubali producer Shobu Yarlagadda recalls tension he experienced prior to film's release!

52 minutes ago
Malayalam actors Shine Tom Chacko, Vincy Aloshious reconcile after misbehaviour row

53 minutes ago
Hindi-Marathi conflict: Udit Narayan says one has to respect all languages

53 minutes ago
Actor Unni Mukundan's Instagram account hacked!

54 minutes ago
Karan Johar: ‘Kyunki Saas Bhi Kabhi Bahu Thi’ changed the face of Indian television

55 minutes ago
Shilpa Shetty Kundra reveals the novelty behind new season of ‘Super Dancer’

1 hour ago
Saiyami Kher: I’ve never thrived on external validation

1 hour ago
Jackie Shroff celebrates 36 years of action thriller ‘Tridev’

1 hour ago
It would be a dream come true to work with Suriya someday, says Love Marriage actress Meenakshi Dinesh

1 hour ago
Kajol talks about the evolution of ‘Bollywood Maa’: They were always strong for us

1 hour ago
India continues to outperform most of other economies: HSBC Mutual Fund’s Kailash Kulkarni

1 hour ago
BMW Group India appoints Hardeep Singh Brar as President, CEO

1 hour ago
Samsung estimates 56 pc drop in Q2 operating profit on chip slump, US trade policies