RBI Directs Banks, ATM Operators to Boost Availability of ₹100 and ₹200 Notes
RBI Directs Banks, ATM Operators to Boost Availability of ₹100 and ₹200 Notes
The Reserve Bank of India (RBI) has issued fresh instructions to all banks and white-label ATM operators, asking them to ensure that ₹100 and ₹200 denomination notes are more widely available through ATMs. The move aims to improve public access to these frequently used smaller denominations.
According to a circular issued by the central bank, a minimum of 75% of ATMs must be equipped to dispense either ₹100 or ₹200 notes from at least one cassette by September 30, 2025. This coverage is expected to further increase, with 90% of ATMs required to meet the same condition by March 31, 2026.
#RBI: Banks and white label ATM operators to ensure adequate Rs 100 and Rs 200 notes are dispensed from ATMs.
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By setting these deadlines, the RBI intends to make these smaller denominations more accessible across the country, benefiting the general public in their daily cash transactions.
