Demonetization ke side effect? Woman receives 22 paise cheque from Vodafone

"At the time of demonetization, no one is left with any money, not even mobile network giants,” laughs Roopali Pasricha Bhasin at her friend's comments. The 26-year-old public relations professional from Delhi, received a cheque of 22 paise from her previous mobile network company.

Bhasin received an envelope at her office containing a cheque of 22 paise from Vodafone as a part of her security amount. Bhasin had discontinued her mobile number, but did not clear her dues on time, as a result of which the telecom giant penalised her by deducting the amount from security deposit.

In a Hindustan Times report,  she wondered that the company must have spent much more on postage charges than the amount that was paid.

Earlier this month, Vodafone posted over two-fold increase in losses at 5 billion euros, or Rs 37,382 crore, in the first half of the fiscal ended September, due to impairment of non-cash assets of Indian arm impacted by stiff competition. The company has also deferred plan of going public in India due to unfavourable market condition.