Demonetisation Impact Over Banking loans & Advances-A Study of State of Bank of India (SBI)

Neralla, Narsaiah (2019) Demonetisation Impact Over Banking loans & Advances-A Study of State of Bank of India (SBI). International Journal of Finance & Banking Studies, 7 (4). pp. 51-64. ISSN 2147-4486

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Abstract

The demonetisation footstep by the Government of India twisted complicated influences in the
economy. Complete sectors of the economy had faced and produced mixed sensation results over
the decision of demonetisation. India’s financial services struggled with demonetisation; on the other
hand demonetisation affects utmost over the banking sector because it is substantial influenced
services to transform money circulation in an Indian economy. Eradicating components of currency
notes from circulation in an economy is demonetisation. It is as the processes of components of money
are denied the status of legal tender. Consequently, ceased currency notes will not be account as
valid currency in an economy. The term ‘demonetization’ is an instrument to shrink Inflation, Black
Money, Corruption and terror funding, this step discourages a cash dependent economy in India.
Government of India drive towards demonetisation has given a strong push to the popularity of digital
banking and made helps with the alternative arrangements of e-banking and e –wallet to trade and
commerce. Exploring the demonetisation emergence in an economy and impact on banking services
ecosystem dynamics, this study take an abductive approach anchored in over 4 years of case study
data regarding. The present study foremost intention is to be analysing the demonetisation impact
over banking loans and advances. In this regard the present study is to be examining the pre
demonetisation and post demonetisation period.

Item Type: Article
Uncontrolled Keywords: Demonetisation, Banking,Pre-Demonetisation,Post Demonetisation,Loans and Advances,Economy.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
Divisions: Department of Accounting > Research papers
Depositing User: ePrints Depositor
Date Deposited: 03 Oct 2024 13:18
Last Modified: 03 Oct 2024 13:18
URI: https://eprints.cihanuniversity.edu.iq/id/eprint/1394

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