Ludhiana: Even after the three months of decision of demonetisation of currency notes, the people were again facing currency crisis due to shortage of cash in banks and ATM machines. However, the flow of cash was streamlined during Assembly elections, but now, again the ATMs ran dry.
Majority of the ATMs were found closed and no cash was available in ATMs which were functional.
The majority of the ATMs were found closed and no cash was available in ATM machines which were open. In banks also the shortage of cash was seen. However, the Reserve Bank of India (RBI) has removed the limit on cash withdrawals but the cash was not available in banks and ATMs.
A senior bank official said that during the assembly elections the cash flow was streamlined but after the elections the shortage of cash prevailed. The cash flow was now diverted in Uttar Pradesh (UP) in the view of elections.
When checked, the cash was not available at ATMs of HDFC bank at Mall road, adjoining Satluj Club, Haibowal, ICICI bank ATM at Ferozepur road and others. Though, the Reserve Bank of India have allowed the withdrawal of twenty four thousand from saving account but the bank officials only accept the withdrawals forms of ten thousand only.
Parvinder Singh, a city resident said that he has given the cheque of twenty four thousand for the withdrawal but due to shortage of cash, the bank officials only debited ten thousand.Apart from the common people, the industrialists and traders were facing hard time due to shortage of cash.
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