The supply of Rs 2,000 notes from the Reserve Bank of India (RBI) to banks has dropped as of late, as indicated by a report in the Economic Times.
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Having seen an “unassuming mishap” because of demonetisation last fiscal, the Indian economy will hook back to 7.2 percent development this money related year and rise further to 7.5 for every penny in 2018-19, says a World Bank report.
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The Reserve Bank of India (RBI) on Holi declared that there will be no weekly limits on cash withdrawals from now on.
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The latest victim of demonetisation happens to be Apple’s iPhones which has put the sales target and revenue of the company in jeopardy.
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