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New Rs 500 notes yet to arrive in state

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People may have to wait for two to three days before banks start dispensing the much-awaited new Rs 500 currency notes in Bengaluru and other towns of the state.

Banks in Karnataka did not receive the new notes on Tuesday from the Reserve Bank of India (RBI) even as people continue to struggle to get currency notes of smaller denominations.

Representatives of banks in Karnataka had, on Monday, informed Chief Minister Siddaramaiah that the new Rs 500 notes will be dispensed from Tuesday.

Sources in the State Level Banks' Committee (SLBC) said it will take two to three days for the new notes to reach Bengaluru and other towns of Karnataka.
DH News ServicePeople may have to wait for two to three days before banks start dispensing the much-awaited new Rs 500 currency notes in Bengaluru and other towns of the state.

Banks in Karnataka did not receive the new notes on Tuesday from the Reserve Bank of India (RBI) even as people continue to struggle to get currency notes of smaller denominations.

Representatives of banks in Karnataka had, on Monday, informed Chief Minister Siddaramaiah that the new Rs 500 notes will be dispensed from Tuesday.

Sources in the State Level Banks’ Committee (SLBC) said it will take two to three days for the new notes to reach Bengaluru and other towns of Karnataka.
DH News Service

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