Monday, 28 November 2016

RBI applies demonetisation band-aid as it searches for remedies

RBI applies demonetisation band-aid as it searches for remedies
Shishir AsthanaMoneycontrol Research

Banks are moving from one shock to another ever since demonetization was announced on November 8. They had to help distribute cash to their customers, collect excess cash from those hoarding it and then help replace old notes.

It seemed that...

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