Before demonetization, aggregate deposits growing at same rate as money supply, jumps after demonetization (as expected),tapering down but still above pre-demo level. So the theory that deposits going down has caused #CashCrunch is bogus. pic.twitter.com/kD8of5eWfk
— Rupa Subramanya (@rupasubramanya) April 17, 2018
via Twitter https://twitter.com/rupasubramanya
April 17, 2018 at 09:31PM
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