Demonetization Paradox: INR 45 Bn Cash In Corporate Coffers And Myriad Patterns Of SBN Disclosures

(For Podcast click here.)The paradox of cash crunch and cash deluge unravels when viewed through the prism of corporate Financial Statements. It relates to those fateful and tumultuous last 52 days of the year 2016 when demonetization of INR 500 and INR 1000 currency notes (called Specified Bank Notes or SBNs) was the sole sound of …