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Even 21 Months After Demonetisation SBI Has Not Recalibrated 18,135 ATMs For New Notes!

Country’s largest lender State Bank Of India (SBI) is yet to recalibrate 18,135 automated teller machines (ATMs) even after 21 months of demonetisation, an RTI query has revealed.

The recalibration is a process, in which the cassettes in the ATMs that hold cash are modified to suit the size of the currency.

Madhya Pradesh based RTI activist Chandrashekhar Gaud had asked the SBI that how many ATMs have been recalibrated for dispensing the new currency notes of Rs 2,000, Rs 500 and Rs 200 denomination.

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