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Rs 500 notes to be available in Meghalaya

By Correspondent

SHILLONG, Nov 22 - The much-awaited Rs 500 denomination currencies would be arriving here in the State capital on Wednesday, but as banks would remain closed due to a public holiday these currencies would possibly be available on Thursday.

The decision to get the Rs 500 currencies was taken at a high-level meeting between Chief Secretary KS Kropha, Additional Secretary, External Affairs Ministry, Sumit Jayrath, RBI chief general manager, Amar Nath, Deputy General Manager, SBI, Rajiv Arora and other officials.

�SBI officials would be heading to RBI, Guwahati get the Rs 500 currencies along with Rs 100 notes and Rs 10 coins,� a top official said. Banks and State Government offices would remain closed on Wednesday on account of Seng Kut Snem festival.

The currencies would be distributed to the other banks from Thursday and possibly on that day itself people would be able to get the Rs 500 notes in the banks and ATMs.

The official informed that Jayrath was deputed to the region to assess the situation in view of the demonetisation process. �He was here basically to assess the impact of the demonetisation in the State, get feedbacks and take necessary steps, if required,� the official said.

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Rs 500 notes to be available in Meghalaya

SHILLONG, Nov 22 - The much-awaited Rs 500 denomination currencies would be arriving here in the State capital on Wednesday, but as banks would remain closed due to a public holiday these currencies would possibly be available on Thursday.

The decision to get the Rs 500 currencies was taken at a high-level meeting between Chief Secretary KS Kropha, Additional Secretary, External Affairs Ministry, Sumit Jayrath, RBI chief general manager, Amar Nath, Deputy General Manager, SBI, Rajiv Arora and other officials.

�SBI officials would be heading to RBI, Guwahati get the Rs 500 currencies along with Rs 100 notes and Rs 10 coins,� a top official said. Banks and State Government offices would remain closed on Wednesday on account of Seng Kut Snem festival.

The currencies would be distributed to the other banks from Thursday and possibly on that day itself people would be able to get the Rs 500 notes in the banks and ATMs.

The official informed that Jayrath was deputed to the region to assess the situation in view of the demonetisation process. �He was here basically to assess the impact of the demonetisation in the State, get feedbacks and take necessary steps, if required,� the official said.