banks have started exchanging old demonetised rs 500 and rs 1000 notes since yesterday november 10 2016 but most are issuing only the new pink 2000 rupee notes or the old rs 100 notes in exchange most banks are currently not giving out the new rs 500 notes in exchange the two different banks that this correspondent visited in delhi said that they had not received any new rs 500 notes at all from the currency chest and had received only the 2000 rupee note for issuing while some banks may be issuing the new 500 rupee notes circulation of these appears limited the problem while possibly temporary is that most small shops and service providers are not willing to give out change for such a large denomination as rs 2000 unless one is buying goods or services worth at least 90 of the value consequently currently the rs 2000 note is easily usable only where one is buying goods of the same or higher value however the value of items bought on a daily basis such as fruits and vegetables unless one is stocking up for a week or buying for a family for four milk and smaller groceries do not add up to rs 2000 at one go as a result one is able to use the rs 2000 in a very limited fashion and forced to fall back on the good old rs 100 note which is in limited supply this problem has arisen because the value gap between the 100 rupee denomination and 2000 rupee note is huge and the middle value note ie the new rs 500 note is not easy to come by the common man is therefore likely to continue facing a problem in shopping in terms of getting change till many more the new rupee 500 notes come into circulation this problem is magnified for very small earners such as a rickshaw puller or house maid who get two rs 200o notes in exchange for old currency