What are banks doing with cash deposit flood?3 min read . Updated: 19 Nov 2016, 11:14 PM IST
Imposition of withdrawal limits means a lion's share of deposits is still within the banking system
Since the Union government withdrew Rs500 and Rs1,000 notes from midnight on 8 November, banks have been flush with cash, primarily on account of people depositing now-invalid notes in their bank accounts.
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