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Adequate Rs.100 currency notes in ATMs by SBI
Posted on: 10/Nov/2016 11:08:41 AM
The nation`s largest banker State Bank of India is gearing up to make available adequate number of Rs 100 notes at all its ATMs and branches to help reduce the inconvenience to the public after the government scrapped Rs 500 and Rs 1,000 bank notes.
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
SBI managing director Rajneesh Kumar said: We have adequate number of Rs 100 notes with us. We are working on the logistics to make them available across all our ATMs and branches and we will make them available in the next two days, SBI has over 3,000 PoS machines, where customers can withdraw up to a certain amount,
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