Several States Complain Of A Cash Crunch, Residents Worried: Live Updates

INSUBCONTINENT EXCLUSIVE:
Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana, the ATMs are either not working or are out of cash
People all across India including Delhi are tweeting about it
The reports of cash crunch at ATMs have brought back memories of November 2016, when Prime Minister Narendra Modi, in a midnight
announcement said old notes of Rs 500 and Rs 2000 will be scrapped.Reports suggest officials of the finance ministry have held a meeting
with the Reserve Bank of India (RBI) last Thursday, to take stock of the situation
Sources have told TheIndianSubcontinent that RBI has directed banks with surplus cash to help other banks facing a shortage of funds
There is a mismatch of demand and supply of cash, say sources.Many ATMs in Patna are also out of service
In Gujarat's Vadodara, people complained about the inconvenience due to lack of currency in ATMs
The situation is same in Delhi
Most of the ATMs are not dispensing cash, the ones which are dispensing, have only Rs 500 notes.The situation is same in Madhya Pradesh
People in Bhopal are also facing the same difficulty since past 15 days and are unable to withdraw cash
In Varanasi people said they don't know what and where the problem is but the common man is facing a lot of difficulty because of the money
not being alleviate in ATMs
Some have been infact visiting ATMs since morning as they need to pay the admission fees of children and purchase groceries and
vegetables.In Hyderabad people said, they have been unable to withdraw cash from ATMs
The have been trying since yesterday and the situation is same every where.There are reports of non- availability of cash at ATMs in several
statesIn Hyderabad, Varanasi and Bhopal people say no cash at ATMsReports of cash crunch at ATMs have brought back memories of November
2016, when Prime Minister Narendra Modi, in a midnight announcement said old notes will be scrapped.