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ISBInsight is the Flagship Research Periodical of the Indian School of Business

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Shreekanth Mahendiran is a Research Advisor at Center for Budget Policy Studies, Bangalore.

Shreekanth Mahendiran

Shreekanth Mahendiran is a Research Advisor at Center for Budget Policy Studies, Bangalore.

(Dis)Connecting People? 2016 Indian Demonetisation and Mobile Phone Markets

On November 8, 2016, the Indian government announced that currency notes of ₹500 and ₹1,000 would no longer be valid as legal tender from the following day. The government and the Reserve Bank of India additionally imposed restrictions on cash withdrawals from ATMs and bank accounts and on the exchange and deposit of invalid notes for a period of time. …

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