The Extent of Influence of Demonetization on Digital Banking with Special, Reference to Idukki District, Kerala State
| Vol-3 | Issue-12 | December 2018 | Published Online: 10 December 2018 PDF ( 239 KB ) | ||
| DOI: https://doi.org/10.5281/zenodo.2109092 | ||
| Author(s) | ||
Lisna Jose
1;
Dr K.V Thomas
2;
Ms Shinta Sebastian
3
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1M.com Scholar, Department of Commerce, Marian College, Kuttikkanam, Kerala (India) 2Associate Professor and Research Guide, Department of Commerce, Marian College, Kuttikkanam, Kerala (India) 3Assistant Professor, Department of Commerce, Marian College, Kuttikkanam, Kerala (India) |
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| Abstract | ||
It has been a year and ten months since the stripping of 500 rupee and 1000 rupee notes of their status as legal tender. Now it is right time to take stock of the influence of demonetization on Indian economy in general and digital banking in particular. The objective of demonetization, inter alia, was to drive India to a less cash, if not cashless economy and thereby reducing the incidence of black money and counterfeiting. This paper attempts to assess the extent of influence of demonetization on digital banking habit of people with reference to Idukki district. |
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| Keywords | ||
| Demonetization, digital banking, cashless economy | ||
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