RBI will Issue a New Note of 100 Rupees Soon! – 100 Rupees New Note
Reserve Bank of India (RBI) released a new note of 100 rupees on Thursday. The size of the new note will be different from the existing 100 rupees note and for this ATM machines recalibration will be done. According to the ATM Operation Industry, due to the new notes, it will cost Rs 100 crores for recalibrating 2.4 lakh machines in the country. When Rs 200 note was issued at that time also ATM had to do a recalibration.
Industry analysts say that the work of reclaiming all the ATMs for the notes of 200 rupees has not been completed yet, and again they will need to do recalibration all the ATM machines for new 100 rupees notes. These new notes of the Mahatma Gandhi series will have signed by the current Governor Urjit Patel. According to the statement issued by the central bank, the...