As the banks reopened for the first time on Thursday since the demonetisation of Rs 500 and Rs 1000 notes on Tuesday night, many rushed to deposit/exchange old notes across the country. Long queues at banks to exchange old notes Long queues were seen outside banks across the country and also at RBI counters for replacement of old Rs 500 and 1,000 notes on Thursday. New Rs 1,000 notes with extra security features in a few months Government will re-introduce Rs 1,000 bank notes in a few months and also issue new series of lower denomination bills with enhanced security features. "In a few months, Rs 1,000 notes with new features will be brought into the market," said economic affairs secretary Shaktikanta Das said. He said the RBI, time and again, has been introducing new series of currency notes with new design and enhanced security features.

Source: Times of India November 10, 2016 08:26 UTC