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Okay, but what do you mean it turned out fake; 31st is tomorrow.

What is the logic behind this, please explain in simple words. Thanks.

This sounds great. Hopefully it will target the whole gamut of NGO-types fifth columns.

:hmm: I'm no economist specialist or anything, I don't think anybody here is, though @Sakal Gharelu Ustad knows a lot because he read a lot etc. Anyway I doubt money is "kept" in banks. It is loaned out (at higher interests+ no stake in the loans "survivability"--hence asset seizure) Also I...

You see all tigers will look the same, likewise all leopards and so on. But the keepers in the zoo will be able to distinguish them. Watch more chinise movies and familiarize yourself w/ mongoloids and soon you'll be able to distinguish them too.

"Benami" means w/o name. Benami property, property bought by a person under somebody else's name, typically to avoid taxes, black money issues etc.

I think he's referring to the deMon decision.

You are a coder, wow. I thought you were an MBA or some phd type guy.

I meant to ask what you do; as in your profession?

Are you a businessman or some kind of economist type guy??

What does this mean?.................. Also @Sakal Gharelu Ustad

So the govt. knows that there are plenty of businesses which will find a part of their capital vanish and therefore that industry might take a hit. So why did they go ahead with this? To stop terrorists? Will it work? Please explain, thanks.

:hmm: Sure you can come back and exchange it here. :) But I have a qweshun. Would it be legal to carry the old 500s and 1000s considering that they are no longer legal tender?? Is it now just considered as just piece of paper (not exactly true, considering you can exchange it) or as...

I didnot even get a 2000 rupee note. The Qs are hours long and for two days I have been able to withdraw just 3k, and 5k. The State bank brnch has imposed its own limit saying we don't have enough notes :rage: Also I dont think most black money is just stored in a safe. It is circulated in...

What exactly are the security improvements in the new notes?? If there are no new security features, they are going to start printing fakes in a few months.

Afaik all these security features are already present in current notes. What's new?? I heard something about tracking, and then heard that it was just a rumor.

Happy Times...... :borat: :yey:

Oh, there are token machines here too. But as I said the Q goes from bank to 2nd floor to ground floor all the way to the main road. So nobody's (including bank people) really bothered with tokens.

:lol: There ain't no tokens here; can't enter the bank to get token, coz people everywhere at entrance of bank. Anyway isn't it strange that State bank being a govt. bank didn't get the monies but Standard Charter, a foreign bank, got the monies before. Edit: @TheSeeker got monies from SBI...

Went to local State bank branch today, they said they didn't get the money (new 500s and 2000s) yet. :wtf: Then went to Standard Charter for some monies. It was there, but the Q was from 2nd floor all the way to main road. :hmm: