RBI Directs Banks to Ensure Regular Dispensing of ₹100 and ₹200 Notes:
The Reserve Bank of India (RBI) has mandated that banks and White Label ATM Operators (WLAOs) ensure that ATMs dispense ₹100 and ₹200 denomination banknotes on a regular basis. This directive is set to roll out in phases, with specific deadlines for implementation.The RBI’s latest directive addresses a common public concern: the availability of smaller denomination notes in ATMs. By ensuring that ₹100 and ₹200 notes are available regularly, the RBI aims to make it more convenient for people to access the most commonly used denominations.
