Will the 500 rupee note be banned? Chandrababu Naidu's statement creates a ruckus
Chandrababu Naidu's shocking statement
Naidu said, Stop big notes; only then will corruption stop.
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Statement reminding of demonetization
Old 500-1000 notes were banned in 2016 too
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The government called the rumors fake
The Finance Ministry said, There is no plan to ban the 500 notes
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Dominance of 500 note
41% of the notes and 86% of the total currency value are in these notes.
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No demonetization at the moment, but the discussion is hot!
The policy may change in the future, but for now the 500 rupee note will remain in circulation.
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