The recent RBI data on demonetisation is out after 8 months of its implementation. 99% of the notes have come back to the banks.
Newsclick talked to Thomas Franco, from All India Bank Officers' Confederation (AIBOC) on various issues faced by the banks. The recent RBI data on demonetisation is out after 8 months of its implementation. 99% of the currency has come back to the RBI. He also talked about the NPA crisis faced by the banks. He also informed us about the continued protests by various Bank Employee organisations against privatisation of banks.