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Cash crunch in the country raises problems for people

The country is witnessing the problem of the cash crunch. People were seen standing outside the ATMs in long queues as there is no cash available in ATMs or banks. Opposition parties slammed the government over the cash crunch situation, saying the "terror of note ban" has returned to haunt the people and dubbed the situation as a "financial emergency". However, the government has assured that there is enough cash in the banks. "RBI Kanpur and Lucknow offices have made enough cash available for currency chests of banks. Main banks like SBI, Bank of Baroda, Union Bank of India, Central Bank, ICICI, HDFC have confirmed availability of enough cash in their currency chests," an official spokesperson said.

Updated : 18 April 2018, 08:35 PM