Govt allays cash crunch fears as ATMs run dry4 min read . Updated: 18 Apr 2018, 02:59 AM IST
RBI steps up printing of notes, especially ₹500 notes, even as finance minister Arun Jaitley says this is a temporary cash shortage
New Delhi/Mumbai/Hyderabad: The government will boost printing of ₹ 500 notes by as much as five times to meet an unusual spurt in demand for cash in some states where ATMs are running dry in a throwback to the days following the announcement of demonetisation in November 2016.
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