500 rupee notes

These inmates serving life sentence are converting shredded demonetised notes into stationery for the state government and its agencies to use.

The Supreme Court has given the Narendra Modi government and the RBI two weeks’ time to come up with alternatives to the issue.

The new bills are reported to carry advanced security features to prevent counterfeiting.

Novopay has stepped up to the demands of demonetisation by empowering neighbourhood stores, in rural and urban India, to handle cash deposits and withdrawals on behalf of banks.