90 per cent of country wide ATMs recalibrated
Posted on: 02/Dec/2016 4:07:24 PM
ATM manufacturers say that nearly 90 per cent of the 2 lakh ATMs deployed across the country have been re-calibrated to dispense the new 500 and 2,000 rupee notes. As per the plan issued by the government, all the ATMs should have been ready by yesterday.
These machines needed to be re-calibrated after the government on November 8 announced the scrapping of old 500 and 1,000 rupee notes in a bid to crack down on black money, and introduced of new 500 and 2,000 rupee notes of different size and high security features.
Speaking about this, a senior executive of NCR Corporation, a leading ATM manufacturer, said, A working group, formed under a RBI headed task force, was given a deadline to recalibrate all the ATMs by November 30. About 90 per cent, which is around 1.80 lakh ATMs, have been re-calibrated so far to dispense new Rs 500 and Rs 2,000 notes. The working group consisted of around 40-60 people and they have been recalibrating on an average 12,000 ATMs per day. The rest of the ATMs would be re-calibrated over the next 10 days to dispense new notes.
