ATMs in Telangana, Andhra Pradesh; run out of cash; Maharashtra, Kerala to the rescue
SBI alone has 2,200 ATMs in these two states, of which 1,500 are operated and maintained by the bank, and 700 are maintained by third parties with the cash being supplied by SBI. However, only 1,400 to 1,500 of its ATMs are operational, said the report.
Cash crunch has hit the southern states of Telangana and Andhra Pradesh as people here are not able to withdraw their money as ATMs have run dry. Image source: Reuters