SHORTAGE OF HUNDRED RUPEE NOTES

Mumbai, May 7, (way2newstv.in):

Bank notes are urging the Reserve Bank of India (RBI) to publish new notes. These hundred notes are from banknotes and bankers who have been banking from currency hardships during the termination of old big banknotes. Prime Minister Narendra Modi has announced that it will cancel Rs 50000 and Rs.1,000 in the night of November 8, 2016. The new Rs 500 and Rs 2,000 notes are being introduced. However, these new notes were not enough to meet the Rs 100 notes that were still in the forefront. The difference in the size of new notes in comparison to older notes is that the ATMs have to pay only Rs. This was followed by the use of notes before 2005. The only source for a Rs 2,000 note transfer is the Rs 100 as it does not have a new Rs 500 note. This led to a large demand. The RBI has asked banks to have 5,500 million rupees. However, the RBI has introduced 5,738 million notes in the monetary system in view of the severity of the situation. There are new and old ones. While the older ones are over, now all the notes are smoothed. Invalid status. The rupee triggered a 100-rupee banknote on the back of the currency crisis in many parts of the country. Bankers who do not have pressure on Rs.500 in cash, will not be released immediately. 

SHORTAGE OF HUNDRED RUPEE NOTES

ATM manager, a public sector bank, said, "It is not possible to put a hundred notes in the ATMs. In fact, the Rs 200 note was not enough to say that they did not reduce the demand for Rs. The availability of Rs. 100 notes are mandatory for banks, as they are low. Generally, at least four trays in one ATM, each tray can be placed at a maximum of two thousand notes. The first tray consists of Rs 2,000 notes, Rs.500 in the second tray, Rs 200 in the third and Rs100 in the fourth. At this time, the Rs 56 lakh currency can be loaded at ATMs. But the bankers say that the ATMs are empty, as the supply of other notes is scarce and the rest of the notes are too small. We are printing about Rs 3,000 crore 500 notes per day. Subash Chandra Garg, Secretary, Economic Affairs, said that Rs 500, Rs. 200 and Rs. There are about 500 notes worth nearly Rs 3,000 crore per day for additional demand. There is no shortage of currency in the country. PTI was told here that it is desirable. Over the past week, we have reviewed the cash-strapped state of the country and found that 85 percent of the ATMs are working. He said Rs 2,000 crore worth of Rs. 7 lakh crore is in the circulation and he does not need a Rs 2,000 note of printing.