Here Is A Look At New Rs 500, Rs 2,000 Notes

The government in a surprise move on Tuesday announced that the Rs 500 and Rs 1,000 will be withdrawn. "This is necessitated to tackle counterfeiting Indian banknotes, to effectively nullify black money hoarded in cash and curb funding of terrorism with fake notes," the Reserve Bank of India said in a release. As part of the move, the RBI will issue new bank notes of Rs 500 and Rs 2,000 denomination. Here are some features of the n...