Demonetization known method to clean-up black money: Salve

Jan 22, 2014, 10.02 PM IST

In an interview to CNBC-TV18's Shereen Bhan, senior lawyer, Harish Salve said demonetization is one of the known methods of cracking down on black money.

Tags  Reserve Bank of India, bank notes, notes, banks, black money, CNBC-TV18, Shereen Bhan, senior lawyer, Harish Salve, demonetization

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Demonetization known method to clean-up black money: Salve

In an interview to CNBC-TV18's Shereen Bhan, senior lawyer, Harish Salve said demonetization is one of the known methods of cracking down on black money.

Like this story, share it with millions of investors on M3

Demonetization known method to clean-up black money: Salve

In an interview to CNBC-TV18's Shereen Bhan, senior lawyer, Harish Salve said demonetization is one of the known methods of cracking down on black money.

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After March 31, the Reserve Bank of India will completely withdraw from circulation, all bank notes issued prior to 2005. From April 1, the public will be required to approach banks to exchange these notes. There is also a buzz that this is a move to curb black money.

In an interview to CNBC-TV18's Shereen Bhan, senior lawyer, Harish Salve said demonetization is one of the known methods of cracking down on black money.

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