While announcing the demonetising the Rs 500 and Rs 1,000 notes on November 8, Prime Minister Narendra Modi had asked holders of such notes to deposit them in banks.
He said notes of Rs 500 and Rs 2,000 with new design and more security features were being introduced in the market.
The scrapped currency made up for 86 per cent or over Rs 15.45 lakh crore of notes in circulation as on November 8.
