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New Delhi, April 19
The currency crunch seen in many parts of the country in the past few days showed signs of easing on Thursday with 86 per cent of ATMs coming online, cash being transported to deficit areas and government presses working overtime to print new notes, officials said.
SBI chairman Rajnish Kumar said the problem will be resolved by Friday. “It is not a uniform cash crunch problem. It is there in geographies like Telangana and Bihar,” he said.
The SBI, meanwhile, has asked customers to utilise point of sale (POS) terminals at merchant locations to withdraw cash. Debit card holders can withdraw Rs 1,000 in Tier I and II cities and Rs 2,000 in Tier 3 to 6 cities per day. The bank will not charge fee. — PTI/TNS
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