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SBI turns saviour of masses

Sentinel Digital DeskBy : Sentinel Digital Desk

  |  19 Nov 2016 12:00 AM GMT

FROM Our Correspondent

Itagar, Nov 18: The State Bank of India proved to be true lead bank after Aruchal Pradesh was hit hard by November 8 demonetization by meeting almost 6000 customers’ need in its seven branches at the State capital daily during last few days.

SBI AGM Rabin Pathak, who has been on his toes to relieve the masses from their agonies, informed that the bank has adopted novel ways to reduce the demonetization impact as the people have been making long queues for hours together to exchange their old Rs 500 & Rs 1000 promissory notes to get new ones. The SBI has been dispensing with Rs 2,000 currency notes in the Capital Complex since Wednesday at the ATMs at G-extension (harlagun) below SBI branch and Legi Complex, Civil Secretariat, police headquarters and near main SBI branch at Itagar were made 24-hour operatiol on special arrangements. Any individual can withdraw Rs 24,000 from savings bank account and Rs 50,000 from current account per week, the banker after delivering new notes would put indelible ink mark on the right hand index finger of the recipient to avoid duplicity while someone’s PAN card used by friend/relative would not be entertained for withdrawal for second time, the AGM added.

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