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Has Note Ban Led To More Digitisation?

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  • Published On: August 31, 2017
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The number of digital transactions that took place in August 2016 was around 1473 million, according to the RBI. The number peaked in October to a little over 1600 million transactions but dipped in November to 671 million, going up to 957 million in December. Starting January, there has been a decline in digital transactions.
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