Cash availability at ATMs deteriorating
Thanks to all of you who participated in the national and local polls on availability of cash at atms. Below are the poll results:
http://bit.ly/apr17-atm-outage
http://bit.ly/lc-itoday-atm-outage
http://bit.ly/lc-businessinsider-atm-outage
If you have inputs on what is the situation in your city, kindly share the same.
The metric tracked by localcircles i.e. pct of citizens unable to find a cash dispensing atm which was at 66% after demonetisation had reduced to 22% at end of february but has risen to 36% last week.
Cities like Hyderabad are showing the metric at 83% unable to find and Pune is at 69%. On the other hand, Delhi is at 11% showing high levels of availability. more
http://bit.ly/apr17-atm-outage
http://bit.ly/lc-itoday-atm-outage
http://bit.ly/lc-businessinsider-atm-outage
If you have inputs on what is the situation in your city, kindly share the same.
The metric tracked by localcircles i.e. pct of citizens unable to find a cash dispensing atm which was at 66% after demonetisation had reduced to 22% at end of february but has risen to 36% last week.
Cities like Hyderabad are showing the metric at 83% unable to find and Pune is at 69%. On the other hand, Delhi is at 11% showing high levels of availability. more
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If such things continue to happen frequently, Modi government will lose its popularity soon. Modi should not press too much on cashless. What happened with Sanjay Gandhi when he pressed for nusbandi too much. Anything too much is always bad. more
Apr 19
It is very clear that the black money mafia is hoarding money once more. The traders have more or less stopped accepting credit/debit cards. It is a pity that so many people who criticise the Government or the politicians are themselves corrupt. more
Apr 17
AGAIN THERE AROSE SCARCITY OF NOTES IN ALMOST ALL ATM'S WHEN THE RBI KEPT THE RULES WHILE DEPOSITING & DRAWING THE MONEY. DON'T KNOW WHEN IT WILL BE CLEARED. more
Apr 16
