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States with dry ATMs received highest share of currency notes in 2017-18

An RBI official said the supply of currency was adequate in the states facing a crunch at ATMs but the logistic issues led to the present situation

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Cash Crunch

Somesh Jha  |  New Delhi 


States such as Andhra Pradesh, Bihar, Madhya Pradesh and Gujarat, which reported currency shortage in automated teller machines (ATMs) were the ones that got the highest supply of currency notes in 2017-18.

The Reserve Bank of India’s (RBI’s) regional offices at Hyderabad, Ahmedabad, Nagpur, Patna and Bhopal received the highest chunk of the currency from the note printing presses between April 1, 2017 and February 28, 2018, official data showed. The finance ministry said in a statement on Tuesday that there has been an “unusual spurt in currency demand in the ...

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First Published: Fri, April 20 2018. 01:42 IST

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