Rs 100 crore needed to make ATMs ready for new Rs100 notes: Operators

by National | 21-07-2018 | 2856 views

The ATM operations industry on Fridays said an investment of Rs 100 crore will be needed to recalibrate 2.4 lakh ATM across the country to make them ready for dispensing new Rs100 notes. "Over 12 months of time will be needed for recalibration," said Hitachi Payment Services Managing Director. RBI on Thursday announced it will issue new lavender- colour Rs 100 notes shortly.

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