**te ban: 'Cash crunch led to 'material impact on spending'
 

http://img-s-msn-com.akamaized.net/t...6&q=60&o=f&l=fDemonetisation of old Rs 500 and 1,000 **tes had a "material impact on spending" as reflected in significant slowing of GDP growth in January-March, Fitch Ratings said today, warning that the ongoing steep decline in investment could spell risks to growth potential.

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