New notes +Rs 500 and Rs 1000 notes +black money +NEW DELHI: Currency notes of Rs 500 and Rs 1000 denominations will not be legal tender beginning November 9. This was announced by Prime Minister Narendra Modi in a special address to the nation on Tuesday evening. ATMs will not work on November 9, and at some places on November 10 as well.He said Rs 500 and Rs 1000 notes can be deposited a post offices and banks without any charge till December 30. "Corruption and black money had come to be considered a truth of life. He had stressed on the negative impact of corruption, black money, fake currency and terrorism on the economy.

Source: Times of India November 08, 2016 14:45 UTC