Kannan Venkataramani

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Last quote by Kannan Venkataramani

The demonetized notes can be exchanged at banks, but the government has imposed daily and weekly limits. Also, with banks requiring a photo identity proof before changing money, individuals who never declared the money in the first place may find it tough to prove why they need to change larger sums. That means a portion of the population might see part of their unaccounted wealth evaporate overnight, creating a negative wealth effect.
Dec 19 2016
The latest quote from Kannan Venkataramani is: “The move will have a short-term negative impact.”. It comes from the India launches fresh restrictions on deposits of demonetized notes article. You’ll find on this page 1 article with Kannan Venkataramani quoted on topics such as money and wealth. Kannan Venkataramani has been quoted 2 times in 1 article.
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Quotes by Kannan Venkataramani

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