The conversation between human and AI assistant.
As 500 and 1000 rupee note is demonetized, what will RBI do with the collected old notes?
Will there be any opportunity for people to exchange their old notes for new ones after the deadline?
No, the deadline for exchanging old notes for new ones has already passed. People were given a reasonable amount of time to exchange their old notes, and now the old notes will no longer be accepted as legal tender.