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SBI working to make ₹ 100 notes available at ATMs

SBI working to make ₹ 100 notes available at ATMs - News and Press Release - Dated:- 9-11-2016 - The nation's largest lender SBI today said it is gearing up to make available adequate number of ₹ 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 ₹ 500 and ₹ 1,000 banknotes. SBI Group which includes all its five subsidiaries has 55,000 ATMs and 7,000 cash deposit machi .....

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r Narendra Modi last night had announced that ₹ 500 and ₹ 1,000 banknotes would become illegal tenders from last midnight and massively curbed cash withdrawals through ATMs and from bank counters. The first demonetisation happened under the British rule in 1946 and the first one after the Independence on January 16-17, 1978 when the Morarji government demonetised bank notes of ₹ 1,000, 5,000 and 10,000. All banks and ATMs will be shut today. The news triggered panic and people .....

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