ATMs run dry in Indian states; officials say cash crunch temporary

  • Tuesday 17, April 2018 in 2:07 PM
Sharjah24 – dpa: Cash machines in many Indian cities ran out of notes on Tuesday, but authorities allayed fears of a currency shortage saying there was more than adequate cash in circulation in the country.

ATMs were empty or not working in several states such as Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Bihar, Madhya Pradesh and Telangana, domestic media reported.

People in the Indian Capital New Delhi also said they were not getting cash out of the ATMs, bringing back memories of long queues and non-functioning machines after the government's cash-swap measure in November 2016.

However, cash was being disbursed at bank branches as usual.