SBI examining notes at ATMs after fake currency report – statement

Wed Feb 22 2017
Rajesh Sharma (2048 articles)
Currency
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.

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