The new ₹500 notes are different from the present series in color,size,theme,location of security features and design elements.
The Reserve Bank of India is introducing new design banknotes in the denomination of ₹2000 as part of Mahatma Gandhi (New) Series.
The Indian five hundred rupees banknote (₹500)
The Indian five hundred rupees banknote (₹500) is a denomination of Indian currency. It was first introduced by the Reserve Bank of India in October 1987 in order to contain the volume of banknotes in circulation due to inflation.
why are five hundred and thousand notes banned AND Why government of India pulled 500 and 1000 rupees
On 8th of November 2016, it was announced that old 500 Rupees notes will have no value by Indian Prime Minister Narendra Modi, as a measure to fight corruption. Source: Wikipedia
The Indian 1000-rupee banknote (₹1000) was a denomination of Indian currency. It was first introduced by the Reserve Bank of India in 1954.
On November 8th, 2016, Indian PM Narendra Modi announced the abolishment of old Rs.1000 notes in order to fight corruption.
new 500 rupee note
new 2000 rupee note
In Pics: New Rs 2000 Note that will be issued pic.twitter.com/4NXhNOpxxA
— ANI (@ANI_news) November 8, 2016
ban 500 and 1000 rupee notes
Rs. 500 and Rs. 1000 notes cease to be legal tender from midnight of 8 November 2016. #IndiaFightsCorruptionpic.twitter.com/WteuElL0wE
— BJP (@BJP4India) November 8, 2016
[email protected] government’s #SurgicalStrike against #BlackMoney: Rs 500 & Rs 1,000 notes pulled out https://t.co/fI2tx7fnYcpic.twitter.com/PDJ0WXZdgo
— Times of India (@timesofindia) November 8, 2016
If someone is receiving Rs 1000 & Rs 500 notes after tonight, he is doing it at his own risk: #ShaktikantaDas
— News Nation (@NewsNationTV) November 8, 2016
Economic Affairs secy Shaktikanta Das shows new Rs 500 note and Rs 2000 note, to be known as Mahatma Gandhi new series of bank notes pic.twitter.com/usQiFimRO2
— ANI (@ANI_news) November 8, 2016
War against black money: Hospitals, ticket counters will accept old Rs 500, Rs 1000 notes for 72 hours https://t.co/EF3sQTQUKm
— DNA (@dna) November 8, 2016
I don’t have an Adhaar.
How will I exchange the three 500 rupees notes that I have.
— Ankit Lal (@AnkitLal) November 8, 2016
PM sets weekly limit of 20,000 rupees on exchange of old 500, 1000 rupee notes
— Reuters India (@ReutersIndia) November 8, 2016
500 rupees and 1000 currency notes will no longer be legal tender i.e these currencies would be declared illegal from midnight tonight: PM pic.twitter.com/arGaKL5sRN
— EconomicTimes (@EconomicTimes) November 8, 2016
— TrendingTweeetz (@TrendingTweeetz) November 8, 2016
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