A hundi is a collection box used in Indian temples to collect cash offerings from devotees.[1] During the 2016 demonetisation of high-value Indian banknotes, there were concerns that the discontinued Rs 500 and Rs 1,000 notes could be hidden in hundis, where monitoring isn't as stringent.[2]
References
- ↑ Defunct notes worth Rs. 44 lakh found in temple hundi. thehindu.com(2016-12-02).
- ↑ Black money in scrapped currency could be heading to religious places. hindustantimes.com(2016-11-14).