Search
Digital Transactions Surge by 25% per Month Post Demonetisation
January 12, 2017
2016 will be remembered for a sudden and steep surge in cashless transactions — apart from and due to the much-debated issue of ‘demonetisation’.
This one move by PM Narendra Modi led to a 25% rise per month in cashless transactions by Indians. This rise on a weekly basis was observed to be 5%.
Some interesting numbers from this period:
- In Mumbai, 60% of the total transactions at petrol pumps are now cashless.
- Eight prominent metropolitan cities in the country have registered a growth of more than 200% in cashless transactions.
- While an average Indian used to make 1.5 cashless transactions per week, the number has been doubled to 3 times per week.
Important Links:
Tags:
FinanceCourses
-
testssd
-
testssd
-
testssd
-
testssd
-
testssd
-
Sage Foundation - Professional Diploma in Banking
-
Banking course + Job
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
3-in-1-management-program
-
MBA from HSNC University (Mumbai, India)
-
BBA from UK University
-
MBA for Executives
-
Certificate in Business English
-
Professional Diploma in Photography
-
Professional Diploma in Real Estate Management
-
Professional Diploma in Digital Marketing
-
4-IN-1 Professional Diploma in Banking, Financial Services & Insurance (PDBFSI)
-
Post Graduate Diploma in Integrated Marketing, Advertising & Communication
-
Post Graduate Diploma in Digital Marketing
-
Post Graduate Diploma in Banking & Finance
-
MBA from ARU, Anglia Ruskin University (UK)
