Indian 1000Rs and 500Rs notes banned from 08-Nov-2016

[IndoCarib]

Whoa how much money can one can exchange?

http://www.ndtv.com/india-news/what...-and-rs-1000-1622963?pfrom=home-lateststories

 

[Soumitra]

https://twitter.com/x/status/796012879405137924

 

[T-72]

It won't be a pain, it will be a very short inconvenience for the long term benefit of WIPING OUT the black economy in One Stroke.

Totally worth it. i.e. If you are not corrupt. If you do have black money, serves you right. lol.

no black money here but it'll still be a pain for everyday conveniences, small stuff like getting a coffee etc for the next hopefully not a lot of days.

 

[Robinhood Pandey]

the corrupt can go to hell.

what about the rest of everyone else ? not everyplace accepts cards, this is going to throw life out of gear for a lot of people and businesses.

crazy, let's hope they can get the new notes back in circulation quickly.

 

[scionoftheindus]

Modi,you are truly a living legend..you showed that you are truly a true patriot..you showed that nothing can buy you..if you wanted you could have earned lakhs of cores by blackmailing industrialists by leaking such information before the announcement..I am proud of you

 

[Great Sachin]

the corrupt can go to hell.

what about the rest of everyone else ? not everyplace accepts cards, this is going to throw life out of gear for a lot of people and businesses.

crazy, let's hope they can get the new notes back in circulation quickly.

ATM will start giving you new notes from tomorrow

 

[Kakaspai]

Nice move by modi ji

 

[T-72]

ATM will start giving you new notes from tomorrow

ATMs will only disperse 2000 a day to begin with, right ?

 

[New World]

any reason for scrapping these two notes,? is they are being replaced with other notes?

 

[Crixus]

Its great thing people with start using credit cards or debit cards ... In Canada and US i never saw people have more then 20$ bills , 100$ note is rare .... this will really impact the corruption .

May be after some yeras you will see credit cards machine on Richshaw walas or Sabji wala ...good going India

 

[scionoftheindus]

ATM will start giving you new notes from tomorrow

ATMs won't work tomorrow and day after tomorrow

 

[Great Sachin]

The gold seller can deposit those old notes in the bank till December 8th. He will be doing the transaction in white.

he will have to give back dated receipt.....and Goldsmith has to declare it as white money....can not sell without receipt

 

[ito]

To exchange money, you need Adhar card...so government can identify who is converting how much.

 

[Crixus]

How many times in Canada you really saw 100 or 50$ bills , its good now people will move to plastic money and its good way to crub corruption

They must be joking. I saw pictures of a new 2000 rs note

 

[SrNair]

PM said something about surgical strike on black money .But never expected this
Actually WTF?