ATM cash Crunch: Temporary shortage will be tackled quickly, assures FM

National | April 17, 2018, 12:39 p.m.

New Delhi, April 17: Finally Finance Minister Arun Jaitley had to issue a statement to stop panic among people. "Have reviewed the currency situation in the country. Over all there is more than adequate currency in circulation and also available with the Banks. The temporary shortage caused by ‘sudden and unusual increase’ in some areas is being tackled quickly, " said FM Arun Jaitley

Government is finally gearing up to the news of cash crunch in majority of ATMs across the country. Accoring to latest media reports, the sources in government have confirmed that there is enough cash in the ATMs an th financ ministry will issue an statement shortly to stop th panic in pubic.

Earlier in the day, it was reported that there is a major problem awaiting public today in Patna and other major towns of Bihar and also other cities across India. Since last night there is a major cash problem in ATMS an all major ATMS have gone dry and cashless.

People were seen standing helplessly outside ATMs but there was no respite. The problem appeared grimmer keeping in mind the ongoing wedding season. 

RJD leader Tejashwi Yadav took a dig at the government and questioned the disappearance of cash from the market. 

It is weir, he said that people cannot take out their own cash. Customers of all major banks like IDBI, ICICI, State Bank were seen getting restless due to this inconvenience.

The main affected states are Bihar, Uttar Pradesh, Madhya Pradesh and Gujarat. Madhya Pradesh CM Shivraj SIngh Chouhan blatantly blamed Congress for this problem.

News24Bureau 

Related news

Don’t miss out

News

IMF expects this from India

April 17, 2018, 12:39 p.m.


Apple working on iPhone SE 2

April 17, 2018, 12:39 p.m.


Can dogs predict earthquakes? Read here

April 17, 2018, 12:39 p.m.


Rishi says this cute thing about Big B

April 17, 2018, 12:39 p.m.