Reserve Bank of India deputy governor BP Kanungo has reportedly said that there is no shortage of cash in the Indian economy. According to reports, Kanungo also added that around 82.6 per cent of the cash in the economy has been remonetised and 108 per cent of the currency has been replaced. Notably, Kanungo also added that he would not agree with the view that there is cash shortage on a longer-term basis or persistent basis at any place.
By Vignessh KJ | Jun 8, 2017 12:56 PM #CashShortage
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