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Letter to BS: 50% of India's ATMs likely to shut down by March 2019

One hopes that all the concerned parties sit together to resolve the issue before inflicting another nightmare on the citizens

A security guard sleeps near an 'out of service' ATM machine in Ahmedabad. Photo: PTI
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A security guard sleeps near an 'out of service' ATM machine in Ahmedabad. Photo: PTI

Business Standard
This refers to “Half of India’s ATMs face shutdown by March” (November 22). The news is rather disturbing as it comes at a time when withdrawing our savings from banks have already become difficult. My observation is that customers are no longer welcome inside the branches for withdrawal or any kind of transaction in person, thanks to the digitisation push over the last few years, which the present government took to the next level by the sudden announcement of demonetisation in the name of taking out black money from under the beds of the rich and powerful. However, the ATM