Banks reopen to long lines for new notes

Long lines formed outside banks in India on Thursday as they reopened for the first time since the government's shock decision to withdraw the two largest denomination notes from circulation.

Some banks in the capital New Delhi had received the new 2,000 rupee ($30) bill and a number of ATMs were working again, two days after Prime Minister Narendra Modi announced the 500 and 1,000 rupee notes would no longer be legal tender in a blitz against tax evasion and corruption.

Modi's Tuesday evening bombshell prompted a late-night rush on cash machines as customers withdrew smaller notes from ATMs before they closed at midnight in preparation for the turnaround.