SBI move to ease banking woes

Published: 19th November 2016 02:13 AM  |   Last Updated: 19th November 2016 02:25 AM   |  A+A-

By Express News Service

BHUBANESWAR: To address the difficulties faced by people after demonetisation of Rs 500 and Rs 1000 notes, State Bank of India (SBI) has introduced special measures to ease banking transactions.


In a bid to address customers' inconvenience, the State Bank of India (SBI), which has more than 850 branches in Odisha, has set up special counters to facilitate exchange of old notes, dissemination of new currency notes and receive deposits.


All branches of SBI have been instructed to take steps to support senior citizens, women and small and mid-segment traders. SBI has more than 2100 ATM counters in the State which have been made functional after re-calibration effected due to introduction of new currency notes of Rs 2000 and Rs 500 denominations.


Customer Service Points (CSPs), micro ATMs and mobile ATM van service have also been activated to function in full capacity, a SBI release stated. SBI has also enabled more than 100 petrol pump dealers to dispense cash up to Rs 2000 to the public.


Chief General Manager, SBI B Venugopala Reddy said the bank is geared up to ensure smooth implementation of the demonetisation drive.

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