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By : Oneindia Video Team
Published : August 31, 2017, 12:32
Duration : 02:47

Demonetisation not proved advantageous, says RBI report

The government’s bold and biggest currency reform — demonetisation —has been a failure. The RBI Annual Report 2016-17, released on Wednesday, revealed that nearly 99 per cent of the high-denomination notes returned to the system, defeating the purpose of withdrawing 86.4 per cent of the banknotes in circulation.

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