Prime Minister Narendra Modi today announced that Rs 500 and Rs 1000 banknotes would be withdrawn from the financial system at midnight, saying it was part of a crackdown on rampant corruption. Here is what you need to know about the new Rs 500 and Rs 2,000 note. The Reserve Bank of India is introducing new design banknotes in the denomination of Rs 2000 as part of Mahatma Gandhi (New) Series. Motif of Mangalyan - reflecting country's first venture in the interplanetary spaceFeatures of the new Rs 500 notes:New Rs 500 currency note. Watch the video here:Also Read:Rs 500, Rs 1000 notes illegal from tomorrow: PM Narendra ModiAll that PM Narendra Modi said about the new Rs 500, Rs 2000 note

Source: India Today November 08, 2016 15:53 UTC