Finmin asked to release more Rs 100 notes

Date:

Share post:

spot_imgspot_img

SHILLONG: Majority of SBI ATMs in the state have been calibrated to receive the new Rs 2,000 notes even as shortage of Rs 100 notes is a cause for worry that prompted the SBI management to take up the matter with the ministry concerned.
An SBI official on Thursday admitted that there is a shortage of Rs 100 notes whereas the ATMs are dispensing Rs 2000 notes without any hurdles.
The SBI authorities here have already taken up the matter with the higher ups, including the Finance Ministry, to release more Rs 100 notes to tide over the shortage. “We hope that the shortage will be addressed by next week,” he added.
He said with the release of new Rs 500 notes shortly, the situation will be normalised.
While the exchange of old currency notes in Shillong was worth Rs 5 crore, for the entire East Khasi Hills district, it would be Rs 10 crore.

spot_imgspot_img

Related articles

England, Mexico battle for quarter-final spot

MONDAY, jULY 6, AT 5:30 aM MEXICO CITY, July 4: England will face one of their toughest tests of...

From unity to division: Trump’s dark America 250 speech

Washington, July 4: President Donald Trump ushered in the 250th anniversary of American independence on Friday with soaring...

World Watch

Baloch group attacks Pakistan Coast Guards camp, kills 30 Quetta, July 4: A man holding a Tibetan fThe Baloch...