SEARCH

ATMs run out of cash

Staff Reporter
print   ·   T  T  

People in Anantapur and Kurnool districts are facing a cash crunch as the agitation in Seemandhra region has badly hit banking operations. A majority of ATMs (Automatic Teller Machines) have run out of cash, putting employees, particularly those in Government departments to inconvenience.

The first week of the month is generally when housewives need money to pay bills for milk, mineral water, servant maid, washerman, groceries and a host of such domestic necessities, while the head of the household has bills to pay outside – telephone, school bus or autorickshaw drivers, EMIs and stuff. Lead District Manager in Anantapur, Jai Shanker said while almost every ATM in the district headquarters (there are 70) was out of cash, only 10 per cent of the 210 ATMs in the district had any cash left. He said banks were unable to open even to send out cash for filling up the ATMs because of the continuing bandh.

In Kurnool, the situation was much the same and ATMs either had cash or the few that had any left, had long queues of customers eager to swipe their cards and take out the money they needed. Bank staff said they were able to barely manage to keep filled, on-site ATMs closer to bank branches, while off-site ones were shut. Logistic problems prevented agencies dealing with currency and filling up of ATMs from going about their job, while in several cases banks preferred downing shutters at ATMs, fearing anti-social elements.

The Hindu presents the all-new Young World

O
P
E
N

close

Recent Article in ANDHRA PRADESH

Collector Katamneni Bhaskar and Undi MLA V. Sivarama Raju taking a look at a shed ravaged by an explosion at a fireworks unit near Akiveedu on Thursday.Photo: A.V.G. Prasad

One killed, 8 hurt in fire at cracker unit

One woman was killed and eight others were critically injured in a fire at a crackers manufacturing unit at Dharmapuram Agraharam near Ak... »