RBI Governor Urjit Patel today appeared before the Public Accounts Committee and briefed the panel about government's recent decision to demonetise high value currency. The committee is headed by Congress MP K V Thomas. According to sources, Mr Patel has assured the committee that cash situation will be normalised soon. <br/><br/>On Wednesday, Mr Patel had appeared before the Parliamentary Standing Committee on Finance and briefed about the decision to demonetise high value currency and the impact on note ban. Mr Patel had informed the committee that 9.2 lakh crore rupees, in new currency has been introduced in the system after the decision.