DeMon returns? ATMs run dry, residents fume and queue up as Hyderabad once more money starved

HYDERABAD: The ‘no-cash’ boards that greeted the city for months after demonetisation in November 2016 are back, forcing citizens to go in circles with hundreds of ATMs running dry.
“After trying my luck in 12 ATMs, I was able to find one machine that dispensed cash,” , a kirana shop owner at Panjagutta, said. All the ATMs were empty in several lanes and bylanes of Khairatabad on Tuesday.
Dejected people are greeted with ‘no cash’ at HDFC, Andhra Bank, ICICI and . “The cash is loaded at 2 pm and it gets over within one hour. People are seething with rage ,” said a security guard at an ICICI ATM in Khairatabad. As complaints are pouring in from everywhere, Shivaani Sen, a model and compere, said: “Looks like ATMs would be discarded and people will queue up at banks for money. More smartphones would be sold purely because Paytm is fast becoming the new currency.”

M Anjaneyulu, who was spotted rushing into an ATM after another at Mehdipatnam, said: “There is no money in ATMs since morning.”

Several netizens took to Twitter and expressed disappointment over the issue. Another tagged Union and tweeted, “Sorry to tell you sir, at least in Hyderabad right from demonitisation there has beens heavy cash crunch. I always wait for 2-3 days to withdraw money.”

Ravi Teja pointed out that none of the is allowing card or digital transactions and want the bill paid only in cash.When ed, the issues department of RBIHyderabad office said they will only be able to comment on the issue on Wednesday after they speak with general manager.

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