SBI has recalibrated 70 per cent of ATM network: Bhattacharya

The State Bank of India (SBI) has recalibrated 70 per cent of its ATMs so far after demonetisation of Rs 500 and Rs 1000 notes, said Chairperson of SBI Arundhati Bhattacharya here on Wednesday.

Published: 01st December 2016 01:28 AM  |   Last Updated: 01st December 2016 06:58 AM   |  A+A-

By Express News Service

NIMAPARA:The State Bank of India (SBI) has recalibrated 70 per cent of its ATMs so far after demonetisation of Rs 500 and Rs 1000 notes, said Chairperson of SBI Arundhati Bhattacharya here on Wednesday.

While inaugurating the new premises of Nimapara branch, Bhattacharya stressed on cashless transaction and digital mode of all banking services. The ATMs have been recalibrated for new Rs 500 notes and are being upgraded for Rs  2000 notes, she added.

SBI Odisha CGM BVG Reddy said, after demonetisation, loan amount has been recovered and there is a decline in advances.

Branch Manager, Nimapara SBI, Sambit Patnaik said, the branch has recovered Rs 1.77 crore from AUCA which is the  highest in Bhubaneswar Circle during 2015-16. The branch has 40,000 customers with deposit of Rs 100 crore and advance of Rs 25 crore, he informed.
 Among others, General Manager Anil Johri and AK Chowdhury of Bhubaneswar Circle were present.

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