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A look at the new Rs. 500, Rs. 2000 notes specimen. Photo: www.rbi.org Economic Affairs Secretary Shaktikanta Das unveils the new Rs. 2000 note in New Delhi on Tuesday. Photo: PIB Prime Minister Narendra Modi addressing the nation on Tuesday. Photo: PIB Prime Minister Narendra Modi. WHAT SHOULD I DO ?? READ THIS... MONEY EXCHANGE WHAT TO DO WITH OLD NOTES >>> HOW TO CHANGE  From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal tender. "These notes are just papers from tomorrow," says the prime minister. Taking the nation by surprise, Prime Minister Narendra Modi on Tuesday night announced demonetisation of Rs. 1000 and Rs. 500 notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption. In his first televised address to the nation, Mr. Modi said people holding notes of Rs. 500 and Rs. 1000 can deposit the same in their ...

Modi said that starting tonight the Rs 500 and Rs 1000 notes will only be worth the paper they are printed on. WHAT SHOULD I DO ?? READ THIS... MONEY EXCHANGE Prime Minister Narendra Modi made a key announcement in his fight against black money. Addressing the nation on Tuesday evening, PM Modi abolished the currency notes of Rs 500 and Rs 1000 denominations. However, there will not be any change for other notes. Modi said that starting tonight the Rs 500 and Rs 1000 notes will only be worth the paper they are printed on. He added that ATMs will not work in some places on November 9 and November 10. He said that people have 50 days, from November 10 to December 30 to deposit notes of Rs 500 & Rs 1000 in any bank or post office. PM Modi said that new notes of Rs 2000 and Rs 500 will be circulated soon. He further said that for the initial 72 hours, government hospitals and petrol pumps, CNG gas stations will accept the old Rs 500 and 1000 notes till November 11 midnig...