SBI examining notes at ATMs after fake currency report - statement

Image
Reuters NEW DELHI
Last Updated : Feb 23 2017 | 12:57 AM IST

NEW DELHI (Reuters) - The State Bank of India said on Wednesday it is examining all currency notes at automated teller machines (ATMs) after media reports cited fake 2,000 rupee notes being dispensed by one of its ATMs in New Delhi.

SBI accounts for more than a fifth of India's banking assets.

The bank, in a statement, said it suspected foul play and investigations were underway.

(Reporting by Neha Dasgupta and Nidhi Verma; Editing by Janet Lawrence)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 23 2017 | 12:42 AM IST

Next Story