ATMs run dry in many states, cash crunch feels like demonetisation days are back

ATMs run dry in many states, cash crunch feels like demonetisation days are back
ATMs run dry in many states, cash crunch feels like demonetisation days are back

New Delhi : Post demonetisation, this is the second time when ATMs have gone dry in several parts of the nation, including Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana.

People in the national capital are also tweeting about non-availability of cash in the ATM machines.

People in Hyderabad have been facing troubles in withdrawing cash from ATM machines, reported news agency ANI.

As per latest information, the finance ministry has scheduled a meeting with Reserve Bank of India officials to take stock of the situation.

Madhya Pradesh Chief Minister Shivraj Singh Chouhan today claimed that Rs. 2,000 notes were vanishing from the market, and alleged that there was a "conspiracy" behind it.

He was referring to news reports of ATMs running out of cash at some places in the state.

"Where these notes of Rs. 2,000 denomination are going, who are keeping them out of circulation? Who are the persons creating shortfall of cash? This is a conspiracy to create problems. The government will act tough on this," he said.

He had taken up the issue with the Union Government, Mr Chouhan added.