• Post Graduate Program in Banking and Credit Underwriting
    4.7 out of 5 by 1376 learners
    12 X industry demand
  • Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    4.9 out of 5 by 238 learners
    14 X industry demand
  • Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    4.6 out of 5 by 1250 learners
    6X industry demand
  • Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    4.5 out of 5 by 526 learners
    4X industry demand
  • Banking And Wealth Management Bootcamp
    4.7 out of 5 by 460 learners
    3X industry demand
  • Post Graduate Program In Capital Markets
    4.7 out of 5 by 807 learners
    3X industry demand
  • Certified Investment Banking Operations Professional
    4.8 out of 5 by 7600 learners
    8X indsutry demand
  • Post Graduate In New Age Banking
    4.6 out of 5 by 1726 learners
    4X industry demand
  • Financial Analysis Prodegree
    Co-created with KPMG
    4.7 out of 5 by 3311 learners
    4X indsutry demand

India as a country, experienced a most staggering change in its economic history in the month of November, 2016. The Prime Minister of India, nullified two of the highest denomination currency notes of Rs.500 and Rs. 1000. The decision came like a surprise as the entire country came to staggering halt, trying to cope up with this decision. What later ensued was a great amount of chaos mainly because of the grave dis-balance, the economy of India was left in. By doing away with these two notes, the government of India withdrew, almost 86% of the currency value that was being circulated in the economy. This was done without replacing the bulk, that was withdrawn and it resulted in a huge gap in terms of the value of currency, because after INR 100 notes, the next currency note available was INR 2000.
While the government and the banks tried to ease the situation, they was very less that they could do. Even today, when a considerable amount of time has elapsed, since the decision, there is still some level of discontent in the society. With very few ATMs recalibrated and the fact that, the new 2000 rupee note with slim utility, the Indian economy and finance are bound to be affected. Demonetization is basically a step taken to give the economy, a liquidity shock. While the very time and method of it ended up highlight more downsides, than it was supposed to. The process was definitely not as big a shock as the banking sector disaster of the year, 2007, but it nonetheless affected the economic activities, in the most grave way possible.
500 and 1000 rs notes
The term liquidity crunch or liquidity shock, basically refers to the fact, that people would not be able to make use of a currency of a certain denomination, in this regard the 500 rupee note, which was regularly used in the daily transactions previously. It ought to be highlighted that, this bold move was taken in order to do away with all of the counterfeit currency rackets, which in turn resulted into supporting terrorism and related activities. While the Indian society will be impacted in a lot of ways in terms of finance, with the economic growth of the country, being highly affected. Apart from that various other negative impacts include, the welfare loss of all those sections of the society, that solely depended on liquid cash. There are quite a few chances that the entire economy will feel a lull, in terms of the momentum and the purchasing power of the consumers.Investment Banking Banner
Although it may seem that the banks would benefit, more than any other sector, it may be so but only in the short term. The many old notes that are being deposited in the banks, in order to get new notes, will be doing absolutely nothing in terms of their cash reserve ratio. The banks would only benefit when people would start depositing, the new notes, which would result in improvement of their cash reserve ratio. While it is yet to be seen, how the sector of investment banking is affected, it seems that these and the corporate finance professionals, would be sought after quite a lot in terms of gaining advice with how to put the new money, to proper use.

For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Post Graduate
    Post Graduate Program in Banking and Credit Underwriting
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 1376 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available MUMBAI Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.9 out of 5 by 238 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    None DELHI Online
    Date Location Schedule
  • Prodegree
    Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    Course duration(Months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1250 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    none ONLINE Online
    Date Location Schedule
  • PRODEGREE
    Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by 526 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    30th-May ONLINE Weekend
    Date Location Schedule
  • Certification
    Banking And Wealth Management Bootcamp
    Course duration(Months)
    2-3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 460 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Weekend
    Date Location Schedule
  • Post Graduation
    Post Graduate Program In Capital Markets
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 807 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Online
    Date Location Schedule
  • Certification
    Certified Investment Banking Operations Professional
    Course duration(Months)
    2-3
    Upcoming batches
    16
    Organizations enrolled
    20
    4.8 out of 5 by 7600 learners
    8X indsutry demand
    Upcoming Batches
    Date Location Schedule
    4th July PUNE Weekend
    16th July BANGALORE-KORAMANGALA Weekday
    21st July HYDERABAD Weekday
    1st August MUMBAI Weekend
    7th August THANE Weekday
    8th August MUMBAI Weekend
    14th August BANGALORE-KORAMANGALA Weekday
    22nd August DELHI Weekend
    Date Location Schedule
    16th July MUMBAI Weekday
    17th July MUMBAI Weekday
    28th July THANE Weekday
    7th August MUMBAI Weekday
    8th August THANE Weekend
    8th August BANGALORE-KORAMANGALA Weekend
    14th August HYDERABAD Weekday
    29th August BANGALORE-KORAMANGALA Weekend
  • Post Graduation
    Post Graduate In New Age Banking
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.6 out of 5 by 1726 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    None ONLINE Online
    Date Location Schedule
  • Prodegree
    Financial Analysis Prodegree
    Co-created with KPMG
    Course duration(Months)
    3
    Upcoming batches
    3
    Organizations enrolled
    20
    4.7 out of 5 by 3311 learners
    4X indsutry demand
    Upcoming Batches
    Date Location Schedule
    29th August MUMBAI Weekend
    29th August ONLINE Weekend
    Date Location Schedule
    29th August DELHI Weekend