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@article{167982, author = {Ramamurthy B. M and N. Vanitha}, title = {Impact of Demonitisation on Banking Sector- An Overview}, journal = {International Journal of Innovative Research in Technology}, year = {2024}, volume = {5}, number = {6}, pages = {425-430}, issn = {2349-6002}, url = {https://ijirt.org/article?manuscript=167982}, abstract = {In 2016, the Indian government decided to demonetize the 500- and 1000- rupee notes, the two biggest denomination notes. These notes accounted for 86% of the country’s cash supply. The government’s goal was to eradicate counterfeit currency, fight tax evasion, eliminate black money gotten from money laundering and terrorist financing activities, and promote a cashless economy. This paper contains the concept of demonetization, past history and impact of demonetization, impact of demonetization on banking sector.}, keywords = {}, month = {September}, }
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