New Delhi : Shortage of cash continued to make things difficult as ATMs ran out of money quickly even as banks rationed valid notes to meet requirements of as many customers as possible.
The rush is understandable as people flocked to banks to withdraw their salaries, reports PTI. There are reports suggesting that bank branches from across the country did not get sufficient cash to take care of pay day withdrawals. While RBI has placed weekly withdrawal limit of Rs 24,000 per person, bank branches on their own have further lowered the ceiling to make cash available to more people. The ATMs too did not come to the rescue either as most went dry soon after being loaded with cash, given the huge pent-up demand. Many ATMs were dispensing mainly Rs 2,000 notes. Banks have been making SOS call to RBI for providing additional cash to meet pay day rush for another 4-5 days, sources said.
