DOIONLINE

DOIONLINE NO - IJMAS-IRAJ-DOIONLINE-8414

Publish In
International Journal of Management and Applied Science (IJMAS)-IJMAS
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Volume Issue
Issue
Volume-3,Issue-6  ( Jun, 2017 )
Paper Title
Banks and Demonetisation
Author Name
Yaswanth Nuthalapati, Hampapuram Prithvi Krishna
Affilition
Indian Institute of Technology, Kharagpur
Pages
74-75
Abstract
The recent exercise of demonetisation has had impact on all the sectors including banks. There was huge inflow of deposits into due to demonetisation. In this paper, we would like to comment on the effects of demonetisation on banks and the factors that resulted in the recent hike in transaction costs. Starting with money market equilibrium, this paper discusses, pre and post demonetisation effects on banks. Scenario of corporate sector, increase in deposits and RBI’s intervention have been taken into account along with a few other factors. Finally, effort has been made to comment on the scenario of banks in the long run considering food inflation and RBI’s stance to control inflation.
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