New Delhi: Prime Minister Narendra Modi, in a sudden address to the nation on Tuesday, announced that Rs 500 and Rs 1,000 denomination notes are being withdrawn from midnight. He
*He also said that ATM withdrawals will be restricted to Rs 2,000 per day till November 11, when this limit may be increased slowly.
*The Prime Minister said that the Rs 500 and Rs 1,000 denomination notes can be deposited in banks and post offices
* Notes will be exchanged across the bank counter by showing government-issued ID proof.
* Withdrawals from bank accounts will be limited to Rs 10,000 for the first few days.
* Banks have also been ordered to remain shut on Wednesday, he said.
* Modi said that for medical patients, the old notes will be accepted.
* You can also use the notes at crematoriums
* Govt will come up with Rs 2000 notes
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