SBI examining notes at ATMs after fake currency report – statement
Wed Feb 22 2017
Rajesh Sharma (2002 articles)

SBI examining notes at ATMs after fake currency report – statement

NEW DELHI 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.

 

Rajesh Sharma

Rajesh Sharma

Rajesh Sharma is Correspondent for Stock Market of South East Asia based in Mumbai. He has been covering Asian markets for more than 5 years.

Discussion

Rules of Discussion on Live Index

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.