On 8 November 2016 the Government of India announced the demonetisation of 500 and 1,000 banknotes with effect from midnight of the same day , making these notes invalid . A newly redesigned series of 500 banknote , in addition to a new denomination of 2,000 banknote is in circulation since 10 November 2016 . 1,000 has been suspended
the demonetisation of 500 and 1,000 banknotes
2016 Indian banknote demonetisation
Indian rupee