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Cash Availability at ATMs Worsens Again

April 24, 2017

Cash Availability at ATMs Worsens Again

Although cash availability showed signs of improvement in January after the disruption caused by the note-ban, the condition is again deteriorating after five months, a survey reveals.

LocalCircles, a citizen engagement platform, recently conducted a survey, in which 43% of the participant citizens said they are having troubling finding ATMs that have cash. This is based on the data from April 13 to April 16. However, during April 5 to April 8, the number of people having the same problem accounted for just 36%.

LocalCircles also found that Hyderabad is the worst hit by the ATM cash shortage, with 83% people saying about the problem.

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