As of 8th Nov, when the elections were a hot topic in US, our PM decided to break it to our nation at a 8 pm national telecast that the 500 Rs and 1000 Rs shall be banned from use henceforth. In an attempt to curb black money, this extreme measure has been taken. I am no economist and I hardly use cash unless and otherwise required so I hope that this step helps in its purpose in the longer run. I had these two saved notes, along with other country currencies I have, as a memento. Now that these are no longer valid, I would have to deposit them in the bank and have a 100 Rs note in the memento box.