500 notes with effect from midnight, making these notes invalid in a major assault on black money, fake currency and corruption. We are launching new currency notes with new designs from November 10. 500 currency notes and Rs. 1000 currency notes after December 30 can exchange it at Reserve Bank of India by providing a declaration. He tells "terrorsists from across the border" are spreading counterfeit currency notes.

Source: The Hindu November 08, 2016 14:32 UTC