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Soumya Kanti Ghosh

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Spend options before govt from note ban bonanza

The best possible move would be for the government to spend the funds on activities like infrastructure development or as it deems fit, says Soumya Kanti Ghosh. Around Rs 2,482-Rs 4,800 billion of......

CRR effect: Even as public pours in cash, banks scramble to manage liquidity

RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5 lakh crore. The central bank said it would conduct a......

Rs may hit 70+ levels to the $

RBI is unlikely to stem the slide against the dollar as the greenback is rising rapidly against all currencies in the world.Anup Roy/Business Standard reports from Mumbai.Illustration: Uttam......

Demonetisation: Why Rs 4.5 lakh crore may vanish from the system

The government could carry out the demonetisation exercise over periodic intervals along with its surprise element, says Soumya Kanti Ghosh. Image: The work by sand artist Sudarshan Pattanaik in......

Will demonetisation lead to a windfall?

'A government can't just take away public money, and the RBI can't extinguish its liability.''The RBI has to honour the value any time a person with legal and taxed money lays claim on the value,'......
  Web results for Soumya Kanti Ghosh
India's cashless push could hit ATM business in coming years

The government's push towards a cashless society and curtailing the use of physical currency in the country could hit ATM businesses in India.... ...

http://archive.indiatvnews.com/business/india/india-cashless-push-could-hit-atm-business-in-coming-years-24677.html
As digital banking grows, ATM transactions may decline

With the government nudging people towards digital banking modes-- payments through mobile phones, Point of Sale (PoS) machines and others-- ATM... ...

http://smartinvestor.business-standard.com/market/Marketnews-427918-Marketnewsdet-As_digital_banking_grows_ATM_transactions_may_decline.htm
FPI outflow in November hits over 3-year high

The outflow in November was driven by growing expectations of a rise in US Fed rate in December, recovery in the US economy. The net foreign... ...

http://indianexpress.com/article/business/economy/demonetisation-effect-fpi-outflow-in-november-hits-over-3-year-high-4405988/
Now Rs 10,000 cap on Jan Dhan withdrawals

In an important direction, the Reserve Bank of India (RBI) on Wednesday said that Jan Dhan account holders can withdraw only up to Rs 10,000 a... ...

http://www.mydigitalfc.com/news/now-rs-10000-cap-jan-dhan-withdrawals-190
Even as public pours in cash, banks scramble to manage liquidity

RBI on Monday conducted an unprecedented level of liquidity infusion to the tune of Rs 3.3 lakh crore, in which banks bid for as much as Rs 4.5... ...

http://www.rediff.com/money/report/note-scrapping-crr-effect-even-as-public-pours-in-cash-banks-scramble-to-manage-liquidity/20161129.htm

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