A hundi is a collection box used in Indian temples to collect cash offerings from devotees.[1] During the 2016 demonetisation of high-value Indian banknotes, there were concerns that the discontinued Rs 500 and Rs 1,000 notes could be hidden in hundis, where monitoring isn't as stringent.[2]

References

  1. "Defunct notes worth Rs. 44 lakh found in temple hundi". thehindu.com. 2 December 2016. Retrieved 22 December 2016.
  2. "Black money in scrapped currency could be heading to religious places". hindustantimes.com. 14 November 2016. Retrieved 22 December 2016.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.