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Parliamentary Committee Summons RBI on Demonetization Benefits

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MUMBAI: Governor Urjit Patel has been summoned by Parliamentary Standing Committee on Finance to appear before it on May 25 on the demonetisation issue.

The Governor would also be asked when the banks’ operations would become normal and also how digital economy is being implemented in the country.

The committee is headed by former Union Minister and Congress leader M. Veerappa Moily, who had in January called Finance Ministry officials besides top RBI officials to discuss demonetisation.

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