Get us on https://www.linkedin.com/title/ripples-advisory click here, more and for Two days Free Trial drop your missed call on -9303093093
The nation's largest lender SBI today said it is gearing up to make available "adequate number" of Rs 100 notes at all its ATMs and branches within the next two days to help reduce the inconvenience to the public after the government last night scrapped Rs 500 and Rs 1,000 banknotes. SBI Group which includes all its five subsidiaries has 55,000 ATMs and 7,000 cash deposit machines (CDMs).
SBI alone has close to 17,000 branches and serves tens of millions of customers. "We have adequate number of Rs 100 notes with us. We are working on the logistics to make then available across all our ATMs and branches and we will make them available in the next two days," SBI managing director Rajneesh Kumar told PTI today. Besides, SBI has over 3,000 PoS machines, where customers can withdraw up to a certain amount, he added.
In a biggest-ever move to curb black money, Prime Minister Narendra Modi last night had announced that Rs 500 and Rs 1,000 banknotes would become illegal tenders from last midnight and massively curbed cash withdrawals through ATMs and from bank counters.
The nation's largest lender SBI today said it is gearing up to make available "adequate number" of Rs 100 notes at all its ATMs and branches within the next two days to help reduce the inconvenience to the public after the government last night scrapped Rs 500 and Rs 1,000 banknotes. SBI Group which includes all its five subsidiaries has 55,000 ATMs and 7,000 cash deposit machines (CDMs). 
No comments:
Post a Comment