As banking regulator Reserve Bank of India (RBI) has started to restrict cash flow to Jammu and Kashmir by choking supply of high denomination fresh currency notes to banks operating in this region, various Kashmir-based business leaders on Wednesday said it will leave an adverse impact on the already fragile economy of the state. Several banking functionaries on Tuesday had said that RBI has cut down cash supply to the banks in the state which has started pinching their customers especially ATM users. This step is apparently being implemented by…
Read MoreRBI Cash restrictions attempt to crush Kashmir Economy: Kashmir Inc
