The removal of 500-rupee and 1,000-rupee notes from circulation in India have caused all sorts of unintended consequences, and those unintended consequences could be far-reaching and long-lasting across broad swaths of the economy. Get the Full Story Complete the form to unlock this article and...
On Tuesday (Nov. 8) India’s government issued a ban on high-denomination banknotes, which has resulted in lenders bringing in 2 trillion rupees ($29.8 billion) as customers across the country try to deposit the old bills, Bloomberg reported. Get the Full Story Complete the form to...
And just like that, two swaths of Indian currency are gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
March 22, 2018
In late 2016, India’s government surprised the world with a decision to push the race for payment digitization from a marathon to a sprint, by deciding to scrap nearly 85 percent of the nation’s physical currency reserves almost overnight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access […]
November 21, 2016
The removal of 500-rupee and 1,000-rupee notes from circulation in India have caused all sorts of unintended consequences, and those unintended consequences could be far-reaching and long-lasting across broad swaths...
November 15, 2016
On Tuesday (Nov. 8) India’s government issued a ban on high-denomination banknotes, which has resulted in lenders bringing in 2 trillion rupees ($29.8 billion) as customers across the country try...
November 08, 2016
And just like that, two swaths of Indian currency are gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
