(MENAFN- NewsBytes) On November 8, 2016, Prime Minister Narendra Modi announced that the existing Rs. 500 and Rs. 1,000 notes would be rendered useless, in what was supposed to be a crackdown against black money.
Four years later, a large amount of cash is still present in India's system.
According to Indian Express , currency with the public is at an all-time high of Rs. Rs 26.19 lakh crore.
In this article Coronavirus-linked restrictions led to more cash withdrawal Details Coronavirus-linked restrictions led to more cash withdrawal
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