Note ban 2.0? New deposits regulation could end up hurting many
Tuesday, February 26, 2019 IST
An individual reaching out to a friend for a quick loan to tide over a crisis; a cash-strapped businessman borrowing from an acquaintance to meet a personal obligation; or, a charitable institution funding students and the ailing — normal transactions like these as well as dodgy deals by chit funds and cooperative societies to bankroll political parties before polls will be the immediate casualties of a hurried ordinance.
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