India Banks Run Begins as the 500 rupee bills being demonetized

Indian banks start dispensing new 500 rupee bills






Banks in India have started dispensing new 500 rupee bills. It comes after the sudden scrapping of 500 and 1,000 rupee notes last week with Indian Prime Minister Narendra Modi promising to tackle the country's huge untaxed wealth. CCTV's Luo Yu has more.