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SBI move to tide over situation

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  15 Nov 2016 12:00 AM GMT

GUWAHATI, Nov 14: Consequent upon the demonetization of Rs. 500 and Rs.1000 denomition bank notes, State Bank of India is working war footedly in exchanging cash of Old High Denomition as per prescribed RBI guidelines. Bank started functioning with new denomition from 10th of November’2016 with extended business hours trying hard to fulfill the demand of citizens irrespective of its customers and non-customers. The Bank has opened additiol counters in all its branches for exchange cash, cash receipts and payments to bring the normalcy at the earliest. For last four days Bank has deployed most of its staff strength, more than 6000 employees for currency exchange, cash receipts and payments all over the North East. Besides many odds in this region, bank is putting utmost effort to distribute various legal currencies to various parts of the entire NE region covering branches located in the interior areas also, a press release said.

Most of the ATMs are continuously replenished for several times event despite bank holiday on 14thNovember 2016. Today for better public interest, SBI has adopted further innovative initiative by introducing 3 numbers of mobile cash point started at 12.45 pm available at Ganeshguri, Beltola, Bhangarh, Zoo Road Tiniali of Guwahati city and even in other parts like Imphal. On November 15, 2016 there will be such cash point near Intertiol Hospital. Mobile cash points facilitating cash against ATM card swap. We have a report of regularization of most of ATMs in other parts of the region like Kohra, Imphal, Dergaon, Shillong etc.

“Besides all our customer service point also accepting cash deposit and withdrawal up to Rs. 2000.00 for the account holders only. However, no exchange facility is provided at CSP as per guide lines,” a press release said.

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