2 Banks replace invalid Rs 500 and Rs 1,000 notes with new currency papers. 3 Banks closed today for cash balancing and stocking up of lower denomination notes. All ATMs will remain shut today and tomorrow as banks replace the now declared invalid Rs 500 and Rs 1,000 notes with new currency papers. Last night, after the government's announcement of withdrawal of Rs 500 and Rs 1,000 notes, people rushed to ATMs to withdraw lower denomination valid currency notes. Your Rs 500 & Rs 1000 notes are invalid.

Source: India Today November 09, 2016 05:53 UTC