Tag Archives: demonetisation of Rs. 500 and Rs. 1000 notes:

demonetisation of Rs. 500 and Rs. 1000 notes: RBI explains

From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal tender. “These notes are just papers from tomorrow,” says the prime minister. Taking the nation by surprise, Prime Minister Narendra Modi on Tuesday night announced demonetisation of Rs. 1000 and Rs. 500 notes with effect from midnight, making these notes invalid in a… Read More »