DEMONETISATION: SHIFTING GEARS FROM PHYSICAL CASH TO DIGITAL CASH

Shweta Mehta, Kruti Patel and Krupa Mehta

No 2016-12-14, Working papers from Voice of Research

Abstract: Demonetization means to the suspension of current currency units and reinstate those currency units with new currency units. In this paper researchers aim to study the advantages and disadvantages of demonetization and its impact on Indian banking sector. Despite major developments in paperless currency over the past decade, physical cash remains widely used throughout the world. Therefore one of the main motivating factors for this study is to find out the alternatives of physical cash payments such as online bank transfer, e- clearing, e- KYC, digital locker and Unified Payment Interface. Key words: money, demonetisation, cash, cash crunch, cashless, e-money Policy

Date: 2016-12
New Economics Papers: this item is included in nep-mon and nep-pay
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.voiceofresearch.org/doc/Dec-2016/Dec-2016_14.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vor:issues:2016-12-14

Access Statistics for this paper

More papers in Working papers from Voice of Research The Editor, Voice of Research E/1, Samay Appartments, Behind NID, Paldi. Ahmedabad. 380007.
Bibliographic data for series maintained by Dr. Avdhesh Jha ( this e-mail address is bad, please contact ).