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Banks started dispensing new Rs. 2,000 notes two weeks ago, after Prime Minister Narendra Modi banned 500 and 1,000-rupee notes on November 8 in an attempt to check tax evasion and terror funding. PM Modi said terror attacks, including those facilitated by Pakistan, often involve counterfeit Rs. 500 notes.
Yesterday, four masked and armed men burst into a bank in Kashmir and left with Rs. 13 lakh, largely in the old Rs. 500 and 1,000 notes.
The robbery took place at a branch of the state-run Jammu and Kashmir Bank in Malpora, 100 km from Srinagar.
Sourced from agencies, Featured image courtesy: indianexpress.com
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