More ATMs Now Giving ₹100 or ₹200 Notes, Banks Get Closer To RBI’s Big Goal Before Deadline
Banks have quickly increased the number of ATMs giving Rs 100 or Rs 200 notes. With the RBI’s September 2025 target in sight, 73 percent of ATMs already meet the rule, helping people, especially in smaller towns, get easy change.
Banks have quickly increased the number of ATMs giving ₹100 or ₹200 notes. |
Mumbai: More ATMs across India are now giving out Rs 100 or Rs 200 notes, making it easier for people to get smaller change. This is happening ahead of the Reserve Bank of India’s (RBI) rule that kicks in on September 30, 2025.
The RBI has asked all banks to make sure that at least 75 percent of their ATMs can give either Rs 100 or Rs 200 notes from at least one cash slot. The goal is to help people—especially in small towns and villages—who mostly use cash for daily needs.
ALSO READ
So far, banks have already reached 73 percent, even though there are still more than three months to go. This shows they are moving fast to meet the RBI’s target.
CMS Infosystems, a big company that manages around 73,000 of India’s 215,000 ATMs, shared some numbers. At the end of December 2024, only 65 percent of its ATMs gave Rs 100 or Rs 200 notes. But now, that number is up to 73 percent.
Anush Raghavan, president of cash management at CMS Infosystems, said, “Around 60 percent of what people spend is still in cash. Giving smaller notes helps them in everyday life, especially outside big cities.”
The RBI has also said that by March 31, 2026, 90 percent of all ATMs must give Rs 100 or Rs 200 notes. So, the push is not over yet.
RECENT STORIES
-
-
-
-
-