On Monday, the Deputy Governor of Reserve Bank of India’s (RBI) Viral Acharya talks about the post demonetization, as according to him there has been a clear and transparent channelising of money towards financial assets.
As in his exact words, "Post demonetisation, there has been a visible channelising of money towards financial assets like insurance and mutual funds."
Viral Acharya at the Delhi Economics Conclave said, "there has been a non-linear shift since November last year."
Also Read:
Ajay Manglunia says Expect 10-year bond yield to trade between 6.40-6.46%
