Tag Archives: Bank Note Rs 1000 Ban

Indian Govt Press release on cancellation of Rs 500 and Rs 1000 Bank Notes w.e.f 09.11.2016

By | November 9, 2016

Govt of India Ministry of Finance 08-November, 2016 With a view to curb financing of terrorism through the proceeds of Fake Indian Currency Notes (FICN) and use of such funds for subversive activities, and for eliminating Black Money ,Government decides to cancel the legal tender character of the High Denomination bank notes of Rs.500 and… Read More »