Rs 500 and Rs 1000 Notes are not legal now in India | Banned ✓

213 views · Published 8 November 2016 · 2:47 · Indexed 6 November 2026

Channel: Tech Dishoom · 2016 · News & Politics

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Shree Narendra Modi said the notes of Rs 500 and Rs 1000 “will not be legal from midnight tonight” and these will be “just worthless piece of paper.” However, he said that all notes in lower denomination of Rs 100, Rs 50, Rs 20, Rs 10, Rs 5, Rs 2 and Re 1 and all coins will continue to be valid. He also announced that new notes of Rs 2000 and Rs 500 will be introduced.

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