Post
Topic
Board Bitcoin Discussion
Re: India Bans Its Largest Fiat Currency Notes
by
Techie5879
on 12/11/2016, 17:16:12 UTC
I live in India, there are 4 notes in circulation now, Rs. 10, Rs. 20, Rs.50, and the Rs. 100.

The new notes will come in circulation from the Jan of 2017.
We just have to wait till then.
This is WRONG. New INR 500 & INR 2000 notes will hit ATM in November only. I have information that they have already been sent to bank chests. Government of India is trying its best to heal the pain of common people.

I agree...but I meant that the circulation of those notes will be finished obly in January. They have already been sent but very few banks have received them till date. Some banks are receiving them as we speak. That's the reason of the long queue. So, there is no water circulation will be finished before January 2017.