FULL SPEECH: Rs 500, Rs 1,000 notes declared illegal from midnight, says PM Modi

Prime Minister Narendra Modi is addressing the nation after he reviewed the security situation with Chiefs of Army, Navy and Vice Chief of Air Force amid continuing Pakistani shelling along the border in Jammu and Kashmir


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Rs. 2000 denomination notes to be introduced, says PM. On November 9, all banks will remain closed for public work. There will be no change in any other form of currency exchange be it cheque, DD, payment via credit or debit cards etc: PM Narendra Modi. On November 9 and in some places November 10, ATMs will not work. Respite for people for the initial 72 hours, Govt hospitals will accept old Rs 500 and 1000 notes till 11 November midnight. You have 50 days (From 10 Nov to 30 Dec) to deposit notes of Rs 500 & Rs 1000 in any Bank or Post office: PM. From Midnight Nov 8, 2016 today, Rs500 and Rs1000 notes are no longer legal tender. Corruption, fake currency and terrorism are festering wounds, holding back the economy, says PM.