By Admin 
- Banks argue that rural states like Andhra and Telangana are most affected.
ATM Cash: In today’s time, many bank related tasks are now done much easier than before, where earlier people were able to withdraw money from the bank by standing in long queues, now cash can be easily withdrawn from the ATM located near the house. But for some time now, complaints of ATMs being found empty in many cities of the country are coming to the fore. In many cities, people are not getting cash from ATMs for the last 2 to 3 months, which is also being complained about continuously. Amidst the increasing complaints, now the Reserve Bank of India i.e. RBI has started investigating the entire matter.
RBI asked for data from banks
NDTV Profit has quoted sources as saying that regarding the shortage of cash in ATMs, RBI has asked all the banks for complete details of cash available in Tier-2 and smaller cities. With this, it will be found out as to why cash is not available in ATMs at various places. Apart from this, RBI is also trying to find out whether some banks have deposited too little cash in towns and small cities or whether the cash in ATMs has not been reloaded on time, due to which this problem is occurring. RBI has made it clear that if anything like this is found then action will be taken.
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What did the banks say?
On this matter, banks say that the situation cannot be ascertained only by looking at the total cash stock. According to banks, notes which are damaged or mutilated cannot be inserted in the ATM.
In which states was the impact seen the most?
People in rural and semi-urban areas have been most affected by the problem of not being able to withdraw cash from ATMs. According to the report, it was more affected in these states like…
- Andhra Pradesh
- Telangana
- Karnataka
These are such states where complaints of not getting cash from ATMs have come to light.
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