Consequent upon the demonetisation of Rs.500 and Rs.1000 denomination bank notes, State Bank of India (SBI) as the leading bank in the Northeast region is working war footedly in exchanging cash of old High Denomination as per prescribed RBI guidelines.
In a press release forwarded to media, AGM, Public Relations, SBI said, ‘Bank started functioning with new denomination from November 10 with extended business hours trying hard to fulfil the demand of citizens irrespective of its customers and non-customers. Bank has opened additional counters in all its branches for exchange of 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 Northeast. Besides many odds in this region, bank is putting utmost effort to distribute various legal currencies to various parts of the entire region covering branches located in the interior areas also.’
Introducing Mobile Cash Points
The release further informed that most of the ATMs are continuously replenished for several times despite bank holiday on November 14. For better public interest, SBI has adopted further innovative initiative by introducing three Mobile Cash Point available at Ganeshguri, Beltola, Bhangarh, Zoo Road Tiniali in Guwahati and even in other parts of the region like Imphal. On November 15, there will be such cash point near International Hospital. Mobile cash points facilitating cash against ATM card swap. Also most of the ATMs in region like Kohra, Imphal, Dergaon, Shillong will be regularised.