In a surprising move, Indian PM demonetized the Rs 500 and Rs 1,000 notes nationally in an effort to curb corruption. The public headed to the banks to immediately exchange their notes as they older ones were not illegal.

The SGPC also issued a notice that donations of the demonetised notes of 500 and 1,000 would no longer be accepted as donations.

The Gurdwaras run by the SGPC will be depositing the older notes in the bank accounts.

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