The conversation between human and AI assistant.
What will be the impact of banning Rs. 500, Rs. 1000 notes on Indian economy and Businesses?
How can it lead to an increase in digital transactions?
With the reduction in cash transactions, people will be forced to adopt digital transactions, which will lead to a growth in the use of digital payments systems. This will be beneficial for businesses as they can save on transaction costs and improve their cash management systems.