Many were surprised when Prime Minister of India Narendra Modi announced the discontinuation of 500- and 1000-rupee notes on Tuesday in an attempt to curb fraud, corruption and illegal tax evasion, and illegal cash holdings. Citizens will have from Nov. 10 through Dec. 30 to...
And just like that, two swaths of Indian currency are gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
November 17, 2016
The recent efforts by the Indian government to reform what has traditionally been known as a “cash economy” have thrown daily life in India into a tumult, Bloomberg reported Thursday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to […]
November 09, 2016
Many were surprised when Prime Minister of India Narendra Modi announced the discontinuation of 500- and 1000-rupee notes on Tuesday in an attempt to curb fraud, corruption and illegal tax...
November 08, 2016
And just like that, two swaths of Indian currency are gone. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
