CBI has launched ATMs across four major banks and CBI is planning to deploy 1000 of ATM machines across all the banks. They care about their citizens so that’s why they are making it easy for their citizen to withdraw lower denominations from the ATM machines. These ATM machines can handle lower denominations. Now the corrupts cannot pump inflation into the currency value and withdrawal of lower denominations are a good sign. These ATM machines are technologically advance and visa cards, Mastercard, key cards transactions can be handled through these ATMs. Citizens will be able to withdraw, transfer or send money outside the borders. All of this will be done electronically. This is also the part of monetary reforms.
