ATMs dispensing new Rs 500 notes with only one printed side in MP

Only days after Rs 2000 notes were found without Mahatma Gandhi's picture on it, new Rs 500 notes have been found with only one printed side.

Just days after some farmers in Madhya Pradesh were issued Rs 2000 currency notes without Mahatma Gandhi’s portrait on it, some of the ATMs in the city are now disbursing the Rs 500 currency notes with only one printed side.

According to reports, a resident of the Khargone district of the Madhya Pradesh withdrew Rs 500 with only one printed side while the other side was just blank.

The man identified as Hemant Soni, told the media that he withdrew Rs 1500 from the ATM, out of which, two 500 notes were printed one side. “Only the Mahatma Gandhi’s side was printed,” he told the media.

Meanwhile, the State Bank of India has replaced the notes and confirmed that some of the notes were indeed misprinted.

Earlier this month, the State Bank of India issued the farmers of a small village in Madhya Pradesh Rs 2000 currency notes without Mahatma Gandhi’s picture on it.  However, the bank has claimed that the notes are “genuine” and it was only a “printing error”.

The bank officials apparently did accept the notes back but did not hand over any new note in return.

Several reports have been emerging since Narendra Modi announced demonetisation. It was found some of the fake currencies that were circulated were not only photocopies of the new Rs 2000 note.

As per a report, a paan shop owner in Bodakdev in Gujarat had found a fake note which had the Gandhi watermark next to the national emblem as well as a fake security thread.

While Prime Minister Narendra Modi had asked the people of the country to give 50 days to bring back stability, we wonder what kind of stability he means when such reports come into the light.

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