Taking on the opposition for calling demonetisation a "dark day", Union minister Mukhtar Abbas Naqvi said it marks a day when the backbone anti-national activities such as terror funding and accumulating black money was broken.

Congress President Rahul Gandhi on Friday attacked Prime Minister Narendra Modi on demonetisation, saying while the exercise forced innocent people to stand in serpentine queues, it helped the corrupt to convert their black money into white.

Delhi Chief Minister Arvind Kejriwal on Wednesday demanded a white paper on demonetization from the central government, saying that people suffered immensely from it.

MSME exports were hit more by issues related to GST implementation than demonetisation, according to a report released on Friday.

Roadblocks such as delay in GST refunds and note ban after effects hit export prospects in 2017-18 amid a revival in demand mainly US and EU markets, report said.

Congress President Rahul Gandhi said it was a "particular ideologue" of the Sangh Parivar outfit who gave the idea of the note ban to the Prime Minister.

"Specific bank notes are being processed for their arithmetical accuracy and genuineness and the reconciliation for the same is ongoing," the RBI said.

Jaitley likened the demonetisation drive of 2016 to a celebration of honesty, saying honest taxpayers receieved the move to tame black money as 'Imandari Ka Utsav'.

HDFC Bank expects an uptick in GDP growth in FY19 to 7.3 pc from the 6.5 pc estimated for FY18, expecting a rural push by Government and rise in consumption.

India's economic growth is likely to be below 7 percent this fiscal, say experts, citing GST disruption and lingering impact of note ban.