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ATMs will work but pain for public to remain for at least next 10 days

  • ATM, 500, 1000 currency, New Notes
    People stand as an ATM closed for the day due to demonetization of Rs 500 and 1000 currency notes in Guwahati

    Some of India's 202,000 cash machines will start working again on Thursday after having gone offline Wednesday following PM Narendra Modi's shock announcement that Rs 500 and Rs 1000 notes would cease to be legal tender.

  • ATM, 500, 1000 currency, New Notes
    Closed banks and ATMs in Thane, Mumbai

    But expect glitches for a while, said banks and companies that make and manage automated teller machines (ATMs), given that the Rs100 note is the next highest denomination.

  • ATM, 500, 1000 currency, New Notes
    ATM closed for the day due to demonetization of Rs 500 and 1000 currency notes in Shimla

    Reserve Bank of India (RBI) went into a huddle with the National Payments Corporation of India, Cash Logistics Association of India and Confederation of ATM Industries to figure out how the mammoth task of replenishing around Rs 16 lakh crore of currency notes could be executed.

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