Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.
After PM Modi announced “Corruption, black money and terrorism can come in the way of a country's robust economic growth. From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal tender,” one of the highly recognised fintech entrepreneurs Vijay Shekhar Sharma endorsed his move by praising him through his Twitter account.
Advertisement
Here’s what he said:
Fintech sector in India will undoubtedly gain from this move, as it’ll indirectly increase virtual transactions, most of all-- who’ll carry a burden of 2,000 Rs note/s.
