There were no immediate reports from authorities of damage or casualties
On November 2, six days before Prime Minister Narendra Modi announced in a television address to the nation that Rs 500 and Rs 1,000 denomination notes would become illegal from midnight of November 8, the RBI had asked banks to recalibrate 10 per cent of its ATMs to exclusively dispense Rs 100 notes.
How many banks complied with this directive is not known.
However, the long queues at ATMs and the resultant chaos all across the country would imply that the directive may have been ignored.
In its circular issued on November 2, the apex bank said that "in keeping with the objectives of Clean Note Policy and to ensure that genuine requirement of members of public for Rs 100 denomination bank notes are met, the banks should increase dispensation of Rs 100 bank notes through ATMs."
Stating that as a pilot project, 10 per cent of the ATMs in the country would be recalibrated, the RBI said that "as the process involved in configuring the requisite number of machines is not complex, the banks are required to complete the exercise within 15 days" and report compliance.
The RBI had also moved as early as May this year to provide incentive for setting up ATMs which dispensed only Rs 100 notes. In a circular on May 5, The central bank promised to pay 50 per cent of the cost of such ATMs up to Rs 2 lakh.
There were no immediate reports from authorities of damage or casualties
His captivating performances quickly garnered attention within the magic industry, propelling him to prominence as one of Dubai's most sought-after magicians
Cyclone Hidaya is likely to 'bring strong winds and large ocean waves, with heavy rainfall' expected to hit the coast starting Sunday
Vadra's artistic prowess knows no bounds, as evidenced by his diverse portfolio spanning wildlife, street photography, and commercial art
The Caribbean admitted to seven charges, including those related to franchise-based leagues in Sri Lanka, UAE and the West Indies, the ICC said
The CST-100 Starliner test mission will ferry two Nasa astronauts to the International Space Station
According to Palestinian prisoner associations, the health worker had been detained by Israeli forces while temporarily working at Al-Awada Hospital
Arfan Bhatti, a 46-year-old Islamist who has lived and is well-known in Norway, is suspected of having planned the attack