ATMs to dispense Rs 50 notes from Nov 11: RBI

From November 11 onward, ATMs in the country will also dispense banknotes of Rs. 50 denomination.

Currently, the lowest denomination note a customer can get at an ATM is Rs. 100. According to Reserve Bank of India, all ATMs and cash dispensing machines will have to be re-configured to disburse bank notes of Rs. 100 and Rs. 50 denominations prior to reactivation of the machines on 11th November, 2016.
Source – The Hindu

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