Alternate payment systems and currencies are shaping up as consumers face the denomination heat. Here is a story from Chennai: Cashing in on this, Hotel Saravana Bhavan, a chain of hotels head-quartered in Chennai, having 36 branches across the state, has opted to accept Rs.500 and Rs.1,000 notes from its customer. The hotel’s creative in-charge […]

via Indian ‘jugaad’ to beat rupee demonetisation — Mostly Economics

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