Old notes' report to be put on hold

The tenure of the current Parliamentary Standing Committee on Finance ends on August 31.

Update: 2017-08-30 14:19 GMT
Prime Minister Narendra Modi in 2016 had announced the demonetisation of 500 and 1000 Rs notes. (Representational Image)

New Delhi: With the RBI failing to provide any information on the quantum of black money recovered, a parliamentary panel may miss the August 31 deadline to submit a report on demonetisation.

The tenure of the current Parliamentary Standing Committee on Finance ends on August 31. A new panel will be formed on September 1. Sources said the new panel may take a fresh look at the impact of demonetisation and wait for some credible data from Reserve Bank of India on the black money recovered before finalising its report.

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