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Cash crunch: Ola partners with leading banks, oil and gas companies

In Bengaluru, Ola partnered with BPCL to facilitate process of obtaining fuel e-vouchers across all BPCL petrol pumps

Press Trust of India  |  Bengaluru 

Cash crunch: Ola partners with leading banks, oil and gas companies

Cab aggregator on Wednesday announced that it has joined hands with leading banks and and gas to help driver-partners fight crunch post of high-value currency notes.

In Bengaluru, has partnered with to facilitate the process of obtaining fuel e-vouchers across all petrol pumps in the city, said in a statement here.

Thousands of driver partners have already availed this feature and used these fuel e-vouchers issued by to fill-up petrol/diesel in a cashless manner.

The activity kickstarted this weekend and will continue until the end of December and will also be implemented in other key cities, it said.

Apart from making fuel e-vouchers available for driver-partners, has partnered with to put up mobile ATMs in its office to support driver-partners with accessible withdrawals, it said.

In addition to this, had also tied-up with to facilitate conversion for the driver-partners in the past weeks until the exchange was permitted.

representatives put up kiosks at office and helped driver-partners in exchanging demonetised currency into accepted denominations.

Vice President, Operations at Ola, Karanveer Singh Shekhawat said, aligned with government's Digital India mission, has been working towards helping hundreds of driver partners across the country get access to digital financial benefits like accounts, payment cards, online transfer of earnings on a daily basis.

also rolled out a number of similar initiatives for the public across the country, it added.

In Kolkata, the company has partnered with Punjab National (PNB) to put up mobile ATMs in its cabs to support citizens by reducing the effort of going to a

has also rolled out a similar activity for citizens in Hyderabad, in partnership with the State of India and

Similar initiatives will be flagged off in other key cities like Delhi, Mumbai, Chennai, Chandigarh and Ahmedabad in the coming weeks, the statement added.

First Published: Wed, November 30 2016. 15:25 IST