Representatives of Indian Banks Association, State Bank, Punjab National Bank and Oriental Bank of Commerce are expected to be present at the meeting, where representatives of the Finance Ministry will also brief the members of the Standing Committee, headed by senior Congress leader Veerappa Moily.
On January 8, the committee had asked the RBI chief to respond to a set of questions on the currency ban and appear before it tomorrow. Mr Patel, who has been under opposition fire since the cash crunch started, is also expected to appear before parliament's Public Accounts Committee regarding the same on January 20.
The abrupt withdrawal of the high denomination of notes had put 86 per cent of currency out of circulation - triggering a huge cash crunch across the country. Huge queues formed outside banks and ATMS - a situation that PM Modi had promised would normalise within 50 days.
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