Why ATMs across the country are running dry

Why ATMs across the country are running dry

Rajeev Dubey | April 18,2018

The crunch has seen 16 per cent of India's more than 2 lakh ATMs left without cash.

States, including Maharashtra, Andhra Pradesh, Telangana, Gujarat, Rajasthan, Uttar Pradesh, Madhya Pradesh and Manipur have reported cash shortage. Poll-bound Karnataka too has found itself wanting for cash. What's more, the national capital also doesn't have enough cash to keep ATMs running. Interestingly, this cash crunch has caught the government just as unaware as the masses, leaving people wondering about who controls the cash flow in India.

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