Demonetization and its Impact on Digital Payments

Book Title: Case Studies in Business Management

Editor:  Dr. Nilesh Anute

ISBN:  978-81-979197-9-4

Chapter: 17

DOI: https://doi.org/10.59646/csc17/253

Author: Dr. Amar Prabhakar Narkhede, Associate Professor, ISMS Sankalp Business School, Vadgaon, Pune, Maharashtra, India.

Learning Objectives

This case study aims to analyze the impact of the 2016 demonetization on digital payments in India. Learners will explore the reasons behind the government’s decision, the immediate and long-term effects on cash transactions and digital payment adoption, and the role of financial technology in facilitating this transition. The study will also evaluate the growth in digital payment infrastructure and consumer behavior changes post-demonetization.