What is the impact of demonetization on credit creation????
Dear Student,
Due to demonetization , credit creation process slows down. In short run, due to demonetisation, the money in the banks was limited.And banks cannot create large amount of credit and at that time banks cannot create credit .
Regards
Due to demonetization , credit creation process slows down. In short run, due to demonetisation, the money in the banks was limited.And banks cannot create large amount of credit and at that time banks cannot create credit .
Regards