I should point out something that might surprise some of you here in the "Technology Triangle" – despite the many alternatives to cash, the demand for cash continues to grow, roughly in line with nominal GDP growth.
We have on occasions observed more than 12–15 months lag in declaration of the same case as fraud by different banks, which not only enables the borrower to defraud the banking system to a larger extent, but also allows him considerable time to erase the money trail and queer the pitch for the investigative agencies. 19.