News From Press Cash crunch nearly freezes dabba, grey market trading

Cash crunch nearly freezes dabba, grey market trading

Source: Mint Dec 7, 2016

It is no secret that cash is a crucial part of unofficial trading, lending and investment pooling. Not surprisingly, the demonetisation of high-denomination currency has hit transactions in informal channels such as dabba trading, grey market, informal lending and collective investment schemes (CIS).

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