India's 'mini-demonetisation' may have political motivations: Jefferies' Chris Wood
Jefferies Chirs Wood said "There is also a political motivation on the part of the incumbent Bharatiya Janata Party government in terms of opposition parties' funding activities. Elections are financed in India by godowns stuffed with cash."
India will see a series of state polls this year and a general election in 2024 - Image Source: Reuters