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Weekend, FY17 closing hit ATM cash-filling operations

SBI said the cash crunch problem was acute in Andhra Pradesh and Telangana

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Priya NairAbhijit Lele Mumbai
A large number of people complained of no cash at bank ATMs in the past few days, as the closing of the financial year, coupled with a weekend, hit the cash-filling operations in some parts. 

However, with improvement in deployment of money by cash management firms, the situation would be back to normal soon, bankers said.  

Rituraj Sinha, president of Cash Logistics Association of India, said ATMs had run dry in a few pockets at places like Mumbai owing to holiday (including weekend) and bank staff being occupied with financial year-end work. 

Two senior public sector bank executives said cash-filling at ATMs