Jan 12, 2017, 07.53 AM | Source: Moneycontrol.com
IndusInd Bank's results is a wake-up call for all doomsday experts who believed the economy will ground to a standstill
The general feeling in the market was that banks would be affected by demonetisation which had frozen the demand for funds. Doomsday experts believed the economy will ground to a standstill with no transaction or business taking place both in urban or rural India.
But IndusInd Bank's result is a wake-up call for all those who assumed the worst.
Here are five ways in which IndusInd Bank beat demonetisation: