New 500/- notes coming through Helicopter

Reserve Bank of India (RBI) took bold decision in supplying new 500/- notes to the people in the country. Keeping eye on miseries of the people for smaller notes, RBI is utilizing Helicopter to supply throughout all branches in India. Problems of the people mitigated more with 2000/- from ATMs and banks. People are suffering lot because of not having proper change for new 2000/- note to buy essential commodities in daily life.

RBI is decided to send new 500/- notes to Bokoro Steel City through Helicopter. To satisfy the needs and requirements, RBI supplies 500- notes to ATMs and Branches in Bokoro through the Helicopter. SBI Bokoro Branch is the first branch on Sunday to rolled out new 500/- notes in India. People are eagerly waiting for new 500/- notes and it would reduce some problems to them.

As per the official sources, around 3 lakh crores of old 500/- and 1000/- bank notes have been deposited in bank and around 50000 crores have been dispensed to customers bu either withdrawal from ATMs or from their accounts or through exchange till 5 pm on 13th November. The deposits will increase once after the release of new 500/- notes into the circulation.