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JK Bank says restores cash supply in Kashmir valley

Press Trust of India  |  Srinagar 

today said it has restored sufficient cash supply in the valley with the timely support of of (RBI).

"Amid a scenario wherein most of the states in are facing cash crunch and chain of ATMs stand cash starved, with the timely support of of of (RBI) has restored sufficient cash supply in the valley," a of the said in a statement.

Acting on the disruptions reported in the functioning of ATMs due to cash starvation, requested the RBI to mitigate the sufferings of the people by providing sufficient cash in the valley.

Several ATMs across the valley had gone dry after deficient cash supplies hit the currency chests here few days ago. The cash situation had further deteriorated following three consecutive holidays last weekend.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, April 17 2018. 20:55 IST
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