We need ₹500 notes to end bank queues: SBI
The State Bank of India Managing Director Rajnish Kumar has said that lack of enough new ₹500 notes was hindering faster circulation of currency and making these notes available would ease the situation. At least ₹10 lakh crore must be in circulation for long queues at banks to end but the pressing need is the missing ₹500 currency, he stated. 