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What the article is missing or did not say is that cash is now coming back. It's not like they took cash out permanently without any alternatives. In reality,
by seshagiric 10y ago
What the article is missing or did not say is that cash is now coming back. It's not like they took cash out permanently without any alternatives.
In reality, the 500 and 1000 rupee notes were removed, being replaced with notes of lower denomination. The time period in between the two is where commerce took a hit, no doubt. But it is also true that with cash back, things will return to normal.
- mavelikara 10y ago> The time period in between the two is where commerce took a hit, no doubt. But it is also true that with cash back, things will return to normal. For you, it looks like, it will - no longer standing in the lines for 2-3 hours. But for many others in the country the effects are probably not as easily reversible.