We've handled demonetisation earlier, will do so again: SBI chief

November 08, 2016 22:14

State Bank of India chairman Arundhati Bhattacharya's statement:

We have just now been advised of the Govt move to demonetise current series of Rs 1,000 and Rs 500.

We have handled demonetisation earlier and will do so again. Tomorrow Banks will remain closed in order to withdraw these notes from counters and ATMs.

We will strive to restock ATMs at the earliest and make them operational. Govt has given enough exemptions to ensure urgent needs are met. We will work round the clock to ensure that customers have a smooth experience.

« Back to LIVE

TOP STORIES

Monsoon Will Be 'Above-Normal' This Year

It is in more than a decade that the IMD has predicted 'above-normal' rains in the country.

Long runway of growth for AMCs

Although net inflows into equity mutual funds deteriorated month-on-month (M-o-M) in March 2024 to Rs 22,576 crore (excluding Hybrid), down 15 per cent M-o-M (up 12 per cent Y-o-Y), asset management companies (AMCs) had a great year with...

How Priyamani Stays Fit And Gorgeous

The Maidaan actor shares her diet, fitness and fashion fundas with Rediff.com.

Did Patidar Bat Better Than Kohli?

Rajat Patidar completely overshadowed senior team-mate Virat Kohli with a blistering display of power hitting.

Attack on High Commission in London: NIA makes first arrest

NIA investigations in the case so far have revealed that the incidents in London on March 19 and 22 last year were part of a larger conspiracy to unleash vicious attacks on the Indian missions and its officials.