इंडियन आवाज़     25 Feb 2024 03:46:13      انڈین آواز

SBI receives deposits worth Rs 53,000 cr after demonetisation of notes

State Bank of India today said it has received deposits worth 53,000 crore rupees after the government scrapped 500 and 1,000 rupees notes and has exchanged currency worth about 1,500 crore rupees so far. The bank got deposits of 31,000 crore rupees yesterday.

SBI Chairperson Arundhati Bhattacharya while announcing its quarterly result today in Mumbai said that till now, the amount of deposit is 22,000 crore rupees. The business is going well of demonetisation.

SBI had yesterday replaced about 750 crore rupees worth of notes with the junked ones, while till mid-day today it had exchanged currency amounting to 723 crore rupees. The bank has been able to press into service only about half of its ATM network nationwide. SBI put up 29,000 ATMs and Cash Deposit Machines (CDMs) of which 21,000 ATMs and rest are CDMs.

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