Use indelible ink in banks keeping in mind upcoming bypolls: EC writes to Finance Ministry

On Wednesday, 11 branches of country’s largest lender State Bank of India (SBI) and select branches of Bank of India, Canara Bank and the RBI’s Delhi office started using the ink on fingers of people exchanging old notes of Rs 500 and Rs 1,000.

By: Express Web Desk | New Delhi | Updated: November 18, 2016 3:11 pm
indelible ink, demonetisation, currency ban, old Rs 500, old Rs 1000, election commission, indelible ink currency exchange, SBI, indelible ink in banks A lady displays the currency notes and indelible ink after withdrawing the amount at the State Bank in Bengaluru on Wednesday. (PTI Photo by Shailendra Bhojak)

The Election Commission wrote to the Finance Ministry Friday asking them to use indelible ink in banks keeping in view the commission’s rules for usage of the ink during elections. While Uttar Pradesh and Punjab are headed for assembly polls early next year, states like Madhya Pradesh, West Bengal and Arunachal Pradesh have constituencies where by-elections will be held on November 19. There are reports that the ink is being applied on the right hand of customers to avoid confusion during elections, when the ink will be applied on the left hand.

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This week, banks in select metro cities started applying indelible ink on the index finger of the right hand of customers to ensure one-time exchange of old Rs 500, Rs 1000 currency notes of up to Rs 4500. The decision was taken by the government to ensure that black money operators would refrain from using other people’s accounts to exchange or deposit notes.

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On Wednesday, 11 branches of country’s largest lender State Bank of India (SBI) and select branches of Bank of India, Canara Bank and the RBI’s Delhi office started using the ink on fingers of people exchanging old notes of Rs 500 and Rs 1,000. A top official of the Karnataka government-run Mysore Paints and Varnish Ltd (MPVL), the only recognised producer of the indelible ink in India, said that it had received orders for 2.9 lakh 5-ml bottles, each costing Rs 116, from various banks by Wednesday evening. According to the Standard Operating Procedure (SOP) issued to banks on Wednesday, the indelible ink “can be applied by the cashier or any other official designated by the bank before the notes are given to the customer so that while the exchange of notes is taking place, a few seconds lapse which will allow the ink to dry up and prevent removal of ink”.

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  1. A
    A
    Nov 18, 2016 at 12:30 pm
    Not able to recover any money from so called overseas account, the govern has become like a mad dog searching for flesh from boney citizens.
    Reply
    1. I
      indian
      Nov 18, 2016 at 5:38 am
      Why can't they ink different hands for electoral and bank purposes?
      Reply
      1. H
        Haru Mandal
        Nov 18, 2016 at 6:44 am
        Best place will be on the forehead! remember how people in village used to count 5s. 4 bar (vertical line) and one horizontal cross. And forehead provides ample space. lt;br/gt;People will love to flaunt their wealth! Country finally has something to show off at last.
        Reply
        1. J
          Jayo khan
          Nov 18, 2016 at 9:49 am
          Ink action is necessary for avoiding dubious deposits and withdrawal s . we have ten fingers so a alternative is easy to separate from election proceedings
          Reply
          1. T
            Trun
            Nov 18, 2016 at 6:04 am
            It seems the Govt, people and country as w is confused...left hand doesn't know what right is doing.... Bank doesn't know what govt wants... Govt is changing rules to firefight without even knowing how big or small is fire.... ..govt is just moving in dark even not knowing what will be net result..... So keep your eyes closed and wait..... As black money is shifting from Few to many hands as this time they see chance in making more as there are no rules.
            Reply
            1. S
              SubbuI
              Nov 18, 2016 at 6:31 am
              THIS ELECTION COMMISSION AND SUPRiME COURT ARE ALLWAYS AGAINST OUR SUPREMO GOD MODI. BOTH MUST BE BANNED. ELECTION COMMISSION MUST COME UNDER 12 CRORE MEMBER SHIP BJP NATINALIST PARTY PRESEDENT SRI AMIT SHAH SAHEB.AND SUPREME COURT MUST BE BROUGHT UNDER PMO.ALL THINGS WILL GET OK AND OUR SAMPOORNA HINDU RASHTRA WII SEE GOLDEN PERIOD UNDER ONE AND ONLY SUPREME LEADER SRI MODIlt;br/gt;INDIA IS MODIand MODI IS INDIA.IF ANY BODY DO NOT AGRRE WITH THEY ARE ANTI NATIONAL AND MUST GO TO ATHAN -JAI MODI- HAIL MODI
              Reply
              1. A
                Aditya
                Nov 18, 2016 at 5:44 am
                What is this fuss all about, if banks are putting indelible ink on right index finger, EC can put it on left index finger for upcoming bye elections. Dont people at EC have that much common sense.
                Reply
                1. A
                  aks
                  Nov 18, 2016 at 6:13 am
                  What is the point? EC too wants its 10 minutes....!!
                  Reply
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