Last month, Indian Prime Minister Narendra Modi unexpectedly demonetized 500- and 1,000-rupee banknotes. His long-term goal is to crack down on corruption, but the result so far has been chaos…likely to be followed by a substantial economic slowdown.
Last week, on December 2, a pregnant woman in Uttar Pradesh went into labor while waiting in line at the bank. With the help of other bank customers, she delivered a baby boy on bank premises. To mark the occasion, the baby was named Khazanchi, which means “treasurer” or “cashier” (from khazana, “treasure,” plus the agentive suffix -chi).