Finance InFocus

Parliamentary Committee Summons RBI on Demonetization Benefits

According to one of the panel members, the panel will ask Mr Urjit Patel that how much money has been so far come back into the system after demonetization.

SMEStreet Desk

22 Apr 2017 10:01 IST

New Update

Urjit Patel, Reserve Bank of India, RBI,

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.

Reserve Bank of India Urjit Patel RBI Parliamentary Committee demonetization