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% Vijaya Bank is expecting loan growth at 7-8% for FY18 Rupee depreciated by 11 paise against USD