Well this is what the headline says. Ahmedabad District Cooperative Bank receive... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		rv11 on Sept 4, 2018 \| parent \| context \| favorite \| on: Modi’s Cash Crackdown Failed, Indian Bank Data Sho... Well this is what the headline says. Ahmedabad District Cooperative Bank received deposits worth Rs 745.59 cr soon "after" the policy was announced, according to an RTI reply. Please check it is "after" the policy and not Just few days before demo as you claim

iamshs on Sept 8, 2018 [–]

That's exactly what has happened, black money got converted to white with help of politicians like Amit Shah. This FT article touches on this aspect.

https://www.ft.com/content/7dbe0e14-8d8a-11e7-a352-e46f43c58...

rv11 on Sept 11, 2018 | [–]

Even if you remove Amit Shah from equation, you can say black money converted to white, by paying 30% tax.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact