Indian Bank received Rs 7,000 cr of Rs 2,000 notes till July 26: MD & CEO Jain

Indian Bank received Rs 7,000 cr of Rs 2,000 notes till July 26: MD & CEO Jain

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State-owned Indian Bank received Rs 7,000 crore worth of Rs 2,000 notes until July 26, 2023, as stated by Shanti Lal Jain, MD & CEO of Indian Bank in an interview with Moneycontrol on July 28.
“We have received Rs 7,000 crore worth of Rs 2,000 notes till July 26, 2028, out of which Rs 560 crore is in exchange form and the rest Rs 6,440 crore is in deposit form,” said Jain.

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He further added that they have provided the best services at their branches for the…
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Source: https://www.moneycontrol.com/news/business/indian-bank-received-rs-7000-cr-of-rs-2000-notes-till-july-26-md-ceo-jain-11045271.html/amp