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Demonetisation in India led to the lack of currency notes in 2016. With citizens running low on cash, they were left with no choice but to try out cashless payment options. This new advanced mode of ...
Pre-demonetisation, Indian citizens were deploying their black money in a number of activities, of which investing money in ‘benami’ properties was a big contender. According to a report ...
Eight years ago, India's demonetisation rendered Rs 500 and Rs 1,000 notes invalid overnight, prompting long bank queues and public hardship as people scrambled to exchange cash. This collection ...
If not for demonetization, people would have made no effort towards e-transactions. After demonetisation, villagers, local vendors and farmers are slowly getting used to digital transactions.
Real Estate: Demonetisation smashed the real estate market and it resulted in 50 per cent drop in the sector. The impact will remain the same for further five to six months or maybe years.
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The comments come as the Reserve Bank of India (RBI) and the government face criticism for their implementation of the demonetisation initative in November, abolishing 500 and 1,000 rupee notes ...
Apart from failing to unearth black money, demonetisation (Almost all banned notes returned: RBI, KT, August 30) also faltered in achieving the other three proclaimed goals: curbing circulation of ...
On demonetisation, Rajan rejected the claim that the Reserve Bank of India had not been consulted by the government before it went on to declare 1,000 and 500-rupee currency notes as illegal ...
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