Tag: Integers

What if bank deposits exceed the notes issued by RBI?

Explained in 5 charts: How Indian banks' big NPA problem evolved over years

Disclaimer: I am not at all knowledgeable on the subject. This is a question based on the reading I’ve been doing about demonetisation. One of the objectives of demonetisation was curbing black money or money that tax should be paid on, but isn’t. Going in, no one appears to have had an idea of how …