Massive Alleviation: (Reserve bank of India) RBI Asks Banks To Make Sure ATMs Dispense Rs 100 And Rs 200 Notes
Mumbai: The bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india on monday requested banks to make sure that ATMs dispense Rs 100 or Rs 200 denomination notes to beautify the availability of these currency notes to the general public.
Banks and White Label ATM Operators (WLAOs) ought to put into effect the direction in a phased manner.
“As a part of an endeavor towards enhancing public access to often-used denominations of banknotes, it's been determined that each bank and White Label ATM Operator (WLAO) shall make certain that their ATMs dispense Rs one hundred and Rs two hundred denomination banknotes on a regular basis…,” the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india (RBI) said in a round.
In line with the round, with the aid of september 30, 2025, 75 percent of all ATMs (automated teller machines) shall dispense either Rs 100 or Rs 200 denomination banknotes from at least one cassette. With the aid of march 31, 2026, 90 percent of all ATMs shall dispense both Rs one hundred and Rs two hundred denomination banknotes from at least one cassette.
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