Chennai
"After withdrawing cash from ATMs customers come into the bank branches to exchange Rs 2,000 notes for smaller denomination currency notes. In order to avoid that we have decided to stop loading of Rs 2,000 denomination notes in ATMs with immediate effect," the Indian Bank official said.
He said customers can withdraw Rs.2,000 notes from bank branches and they can also deposit them at bank branches and ATMs.
Indian Bank will load Rs 200 denomination notes instead of Rs 2,000 in the currency cassettes.
According to the bank, the 2,000 currency notes left in ATMs after March 1 will be taken out.
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