of cases in absolute terms and amount involved in Rs. Crore) Amt Involved  < Rs 1 lakh  FY (Apr– Mar)  No. of Total cases Amount  > 1 lakh and up to Rs 1 crore  > Rs 1 cr and up to Rs 50 crore  > Rs.50 crore  No. of cases  No. of cases  No.
In the same vein, if financial markets are fragmented, an expansionary monetary policy may contribute to widening the income distribution by redistributing wealth from individuals who do not trade in financial markets to those who trade frequently in financial markets and tend to have higher incomes.7 On the other hand, however, a decline in house prices is hurting low and middle-income households disproportionately, as their wealth tends to be concentrated in housing.8 So what about the empirical relevance of these various channels?