How demonitization has affected credit creation by the commercial banks in the indian economy???
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The main hindrance to the adoption is the security concerns that the banking consumers were having so far. With the recent launching of e-wallets it is hoped that the perception of consumers will eventually change and e-delivery banking will become the delivery channel of banking services in the future to help in converting India to a cashless society.
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It will be seen that the most important function of a commercial bank is the creation of credit money demonitization a function which overshadows all ...
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