What next after the Rs. 2000 note is removed from circulation?
Hello friends just understand Below 👇
What next after the Rs. 2000 note is removed from
circulation?
- There will be a flood of deposits in the banks
- Rates should go down as liquidity with the banks
increase
- FD rates will come down & so will the lending rates
- Banks can become more credit friendly (lend more)
- Demand for loans will also increase with lower rates
- The entire ecosystem will benefit with the credit
uptick.
My view
- Positive for the economy
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