This is how banks are helping common man with increased deposits. They immediately reduced deposit interest rates. Part of that interest earned will be taken by govt in form of tax. They are not in a hurry to reduce lending rates. Below is link. http://economictimes.indiatimes.com/industry/banking/finance/banking/demonetisation-massive-deposit-bonanza-for-banks-pulls-down-interest-rates/articleshow/55464912.cms?utm_source=facebook.com&utm_medium=referral&utm_campaign=ETFBMain Hence I request all of you to publicize and increase signatures to the maximum extent.