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  • Viral Sach: Govt planning to demonetise 2000-rupee note soon?

Viral Sach: Govt planning to demonetise 2000-rupee note soon?

ABP News Bureau Updated at: 18 Apr 2018 08:48 PM (IST)

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People in various parts of the country, including Delhi, Karnataka, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh, Bihar, Telangana, and Maharashtra, complained that they were unable to withdraw cash from ATMs, as these had gone dry.

In response to this, the Reserve Bank of India (RBI) on Tuesday stated that there was no cash crunch in the first place, as opposed to media reports claiming otherwise.

In an official statement, the RBI noted that the reported shortage could have occurred due to logistical issues of replenishing ATMs frequently and the recalibration of ATMs being still underway.

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