India infuses $74 billion of cash post Nov 8 - official

NEW DELHI (Reuters) - India's central bank has infused more than 5 trillion rupees (59.08 billion pound) of currency notes into the banking system since Nov. 8, Economic Affairs Secretary Shaktikanta Das told reporters on Thursday. This is a fraction of the 15.44 trillion rupees in 500- and 1,000-rupee notes that were circulating before Prime Minister Narendra Modi abolished them last month, in a surprise move targeting counterfeiters and people holding undeclared wealth. (Reporting by Manoj Kumar; Editing by Malini Menon)