Telangana woman commits suicide over cash savings of 54 lakh

In a sad incident, a woman in Telangana committed suicide when she was told about the 1,000 and 500 rupees ban.

The woman apparently did not know how to convert her savings into legal money.

She had Rs 54.4 lakh at her home after selling 12 acres of agricultural land. She had spent some on her husband’s treatment and kept the rest for her daughter’s marriage.

When she realized that the old notes of 500 and 1,000 were useless, she killed herself.

Lack of awareness about the banking process caused her to take the extreme step.