The new series of `500 notes will be reaching city from RBI Patna on Tuesday evening and it will take around 48 hours for the notes to find its way to the nearly 500 ATMs in the city.
A bank official informded that they have received circular in official mail that the new series of `500 notes have arrived at RBI Patna today from currency note press (at Nashik) and will be reaching Jamshedpur by Tuesday evening .
All the banks have asked their private agencies (service providers) to arrange sufficient manpower for re-configuration of the cassettes at the ATMs to suit the new notes within 24 hours. After re-configuration the new Rs 500 notes will be replenished in the ATMs by Thursday noon.
The official further said that after introduction of the new Rs 500 notes the problem of ATMs exhausting its cash within few hours can be controlled to a great extent.
“Currently, `100 notes are available at the ATMs.