The country's banking regulator Reserve Bank of India has issued a big order regarding 100 and 200 rupees. Due to which there has been a stir in all the banks of the country. The instructions issued by the RBI by taking both notes have been asked to complete them as soon as possible. For this, all banks have been issued by RBI to circular. Let us also tell you what kind of circular has been issued by RBI regarding 100 and 200 rupee notes.
Instructions to RBI banks
The Reserve Bank of India on Monday asked banks to ensure that Rs 100 and 200 rupee notes should also be released from ATMs. The central bank said that it is necessary to do so to increase the availability of these notes for the public. Banks and white label ATM operators (WLAAO) will have to implement this instruction in a phased manner. ATMs run by non-banking institutions are called 'White Label ATM' (WLA). After these instructions, there has been a stir in all the banks of the country. Now all banks will have to work hard in ATMs for 100 and 200 rupee notes.
RBI released circular
The Reserve Bank of India (RBI) said in a circular that it has been decided to increase public access to the bank notes of often used to be used to ensure that all banks and white label ATM operators (WLAAOs) will ensure that Rs 100 and Rs 200 notes are also released from their ATMs on regular basis. According to Circular, by September 30, 2025, 75 percent ATMs (Automated Taylor Machines) should be extracted from at least one cassette, bank notes of Rs 100 or Rs 200 should be removed. After this, by 31 March, 2026, bank notes of Rs 100 or Rs 200 should be removed from at least one cassette in 90 percent ATM.