Submit :
News                      Photos                     Just In                     Debate Topic                     Latest News                    Articles                    Local News                    Blog Posts                     Pictures                    Reviews                    Recipes                    
  
Newly introduced Rs 200 banknotes might not be available at ATMs before next week
The new 200-rupee banknotes, which were introduced by the Reserve Bank of India (RBI) on Friday, will not be available at ATMs before the next week because the machines have yet not been recalibrated by the manufacturers, according to a media report on Scroll.in

"It may take a while before it is available at ATMs as the dimensions are different," R Gandhi, Former Deputy Governor of the RBI in charge of currency management, told DNA.

According to a financial software company, the cassettes used in ATMs' removable boxes that keep the currency need to be reconfigured to be able to dispense Rs 200 notes.

"We still have not received these notes to understand the dimension for the configuration," said Radha Rama Dorai, managing director of ATM and allied services at FIS Global.

The bright yellow coloured Rs 200 banknote will come in a dimension of 66 mm x 146 mm and will have portrait of Mahatma Gandhi at the center along with signatures of the RBI Governor Urjit Patel.

Among other prominent features including geometric patterns that align with the overall colour scheme, the note will carry a logo of Swachh Bharat campaign with slogan as well as the motif of the Sanchi Stupa, the RBI said.

Initially, the first tranche of the new currency will be available at the selected RBI offices and banks, as per the media report.

COMMENTS (0)
Guest
Name
Email Id
Verification Code
Email me on reply to my comment
Email me when other CJs comment on this article
}
Sign in to set your preference
Advertisement
merinews for RTI activists


Advertisement
Not finding what you are looking for? Search here.