One-fourth ATMs run dry, banks say situation far better than before

Approximately one-fourth of the ATMs across the country are running dry again as people have been withdrawing large amounts for payments and purchases at the beginning of the month, bank officials said on Tuesday, as reported by Hindustan Times.

The fresh note crisis has taken place due to heavy cash withdrawal made in the beginning of the new month. People have withdrawn their salaries leading to shortage of currency notes.

Officials of bank and cash logistics companies, however, said the shortage will be over after February 10.

“Typically, the salary cycle is on till about the 8th