International Journal of Research in Social Sciences
  • Year: 2019
  • Volume: 9
  • Issue: 1

A Study on the influence of Demonetization on Bank Employees

  • Author:
  • P.N. Harikumar1, CA Reshma Rachel Kuruvilla2
  • Total Page Count: 7
  • Page Number: 630 to 636

1Associate Professor & Head, Research and Post-Graduate Department of Commerce & Tourism Management, Catholicate College, Pathanamthitta, Kerala

2Assistant professor, Department of Commerce, BCM College, Kottayam

Online published on 10 September, 2019.

Abstract

A currency will loose its legal tender status when it is demonetized. Demonetization in India had a huge impact on the economy of our country. GDP of the country fell drastically post demonetization. It was aimed at removing black money from the country. But people had to wait patiently in front of banks for withdrawing cash. Bankers had to deal all the aggressive customers with patience. The paper focused on finding out the problems faced by bankers during the period of demonetization.