It may take ATMs 3 months to dispense Rs. 200 notes
Posted on: 04/Sep/2017 10:12:17 AM
An information is gathered that it may take up to 3 months to make the facility for the ATMs to dispense currency notes of Rs. 200.
The new currency notes of Rs. 200 were released by the Reserve Bank of India last week. Only a limited quantity has been distributed in circulation.
In this situation, the ATM maintenance companies have informed that they have not received any instruction/information so far from most banks to modify the ATMs to dispense the new notes of Rs. 200. Only a few banks have made the instructions for this.
Thus, there may be a delay in the facility of the new currency notes of Rs. 200 to be dispensed in all ATMs.
