Corrupt will not be spared, says Narendra Modi in new year's eve speech

He commended bank employees for their 'exemplary work' after the demonetisation move

Prime Minister Narendra Modi on Saturday commended bank employees for their "exemplary work" after the demonetisation move but warned that those indulging in corruption will not be spared.

"Bank employees and authorities along with people have done exemplary work, yes there have been reports of a few indulging in corruption. These people won't be spared," Modi said in a special address to the nation on New Year's Eve.