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New Rs 500 Notes Released for Distribution at Selected SBI ATMs

  • Rs 500 notes, ATMs, 500, currency, notes, 500-1000, note ban
    A youth shows new currency note of Rs 500 which is ready to float

    According to the central bank statement, the new Rs 500 banknotes bear signature of Reserve Bank of India Governor Urjit Patel.

  • Rs 500 notes, ATMs, 500, currency, notes, 500-1000, note ban
    A youth shows new currency note of Rs 500 which is ready to float

    Some branches like SBI Main branch in Delhi have started distribution of Rs 500 notes.

  • Rs 500 notes, ATMs, 500, currency, notes, 500-1000, note ban
    An official shows new currency notes of Rs 500 which is ready to float

    The new 500-note is expected to ease pressure on banks' cash position and improve liquidity in the market.

  • Rs 500 notes, ATMs, 500, currency, notes, 500-1000, note ban
    New currency notes of Rs 500

    The stone grey-coloured note bears year of printing '2016' and Swachh Bharat logo printed on the reverse.

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