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Demonetization:What Changes from Tomorrow

Source:Mayur Shetty

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Banks Chart

Chart: Bank Relative Valuations

Source:Ambit

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Observations

SBI cuts deposit rates to unbelievable levels

Source:SBI

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Links

Linkfest: November 24,2016

Some stuff I am reading today morning:

Foreigners flee India (Bloomberg)

Airtel launches India’s first payment bank (Mint)

Corrupt babus feel betrayed by Modi Govt (ET)

Jan Dhan account deposits swell to 21,000 Crores (BS)

Interview with Samir Arora (Money Control)

3 Fixed Income experts give some advice (Morningstar)

Waiting for a bear market (Prashanth)

Notes from Piramal Enterprises’ Concall (Big Investor)

India’s currency debacle is a warning (Zero Hedge)

Interview with Jack Bogle (Bloomberg)

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Infographics

Infographic: Indians on Demonetization

Source: Narendra Modi

More than 5L Indians took part in the survey across 2000 locations

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