Parliamentary panel meet begins, RBI Governor to brief on demonetisation

The meeting will discuss the "demonetisation of Indian currency notes of Rs 500 and Rs 1,000 and the impact thereof".

By: PTI | New Delhi | Updated: January 18, 2017 1:39 pm
demonetisation, RBI governor, Urjit Patel, Patel on demonetisation, Urjit Patel briefing on demonetisation, RBI on demonetisation, Par panel meeting on demonetisation, note ban, Manmohan Singh, indian express news RBI governor Urjit Patel (File Photo)

A crucial meeting of Parliament’s standing committee on finance over the demonetisation issue began in New Delhi on Monday morning with Reserve Bank of India Governor Urjit Patel expected to brief it on the matter. Senior bureaucrats, including Department of Economic Affairs Secretary Shaktikant Das, Banking Secretary Anjuly Chib Duggal and Revenue Secretary Hasmukh Adhia, and top bank honchos like Chanda Kochhar of ICICI Bank and Usha Ananthasubramanian of Punjab National Bank are also to appear before the committee headed by Congress leader Veerappa Moily.

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Former Prime Minister Manmohan Singh is one of its members. Patel will brief the parliamentary panel about demonetisation and its impact on the economy and the steps taken by the central bank to deal with the cash crunch post withdrawal of Rs 500 and Rs 1,000 notes. The meeting will discuss the “demonetisation of Indian currency notes of Rs 500 and Rs 1,000 and the impact thereof”. The RBI Governor is also scheduled to appear before the Public Accounts Committee of Parliament on the same issue on January 20.

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  1. D
    Dani Yakang
    Jan 18, 2017 at 9:10 am
    what PSC and PAC can do ?lt;br/gt;lt;br/gt;lt;br/gt;this all political drama for the 5 state election ( Idea by Prashant kis).
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    1. C
      Chintu
      Jan 18, 2017 at 10:16 am
      All the decision of demonetization was of undercover N M Rothschild and sons for bailout of Dubai.
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      1. C
        cute
        Jan 18, 2017 at 10:03 am
        All corrupt congress politicians are only sufferers due to demonetization,lt;br/gt;lt;br/gt;All Indian citizens supported demonetization except corrupt congress.
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        1. G
          Genaro
          Jan 18, 2017 at 8:44 am
          Grill him please.Need answers not ' it's and but's' dia needs to know please.
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          1. M
            M M
            Jan 18, 2017 at 9:18 am
            Ask sonia and rahul to be there and answer how they have converted old notes
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