One year post demonetisation, These 11 charts show it affected Indian economy

Did demonetisation convince cash-dependant India to switch to digital transactions and mobile wallets? How did it impact the banking sector? On the one year anniversary of prime minister Narendra Modi’s demonetisation announcement, experts and politicians on all sides have been debating whether they risky policy was a success or a failure. The decision to demonetise Rs 500 and Rs 1000 currency notes was part of the government’s overarching agenda to crack down on black money and move towards a cashless economy. Did demonetisation convince cash-dependant India to switch to digital…

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