Tag - 1000 rupees

Rs 500 and Rs 1000 notes declared illegal from midnight 9 Nov 2016

Rs 500 and Rs 1000 notes declared illegal from midnight 9 Nov 2016Prime Minister Narendra Modi, in a sudden address to the nation on Tuesday, announced that Rs 500 and Rs 1,000 denomination notes are being withdrawn from midnight. He said that such notes will become “mere paper”. Modi said this was being done to tackle the menace of black money in the country, which has sapped the economy. He also said that ATM withdrawals will be restricted to Rs 2,000 [...]

Read more...