38th days of Demonetization, Huge crowd outside Banks and ATMs for cash across the country....
38th days of Demonetization, Huge crowd outside Banks and ATMs for cash across the country...
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Queues are getting smaller at Banks and ATMs in Delhi in 44th days of Demonetization...
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-Although the abbreviation of ATM is 'Automated Teller Machine', It's quite popular as 'Any Time Money' because public can withdraw money from them round the clock. If the latest buzz is any indication, This is going to change soon and ATMs may remain shut for close to 7 hours per day.
In the coming days, There is a possibility of stopping the practice of keeping ATMs open for 24 hours. They might be closed down at 11 PM and reopened at 6 AM. Security Reasons and Cutting down maintenance cost are the major reasons cited for such a possibility.
Recently, Police Officials held a meeting with Bankers in Cyberabad. A decision has been reached that ATMs at locations where the demand is low should be closed. In the outskirts of Hyd, ATMs had been misused by the cyber criminals. To prevent any such practices, Cops and Bankers were considering delinking or shutting down ATMs from 11 PM to 6 AM. This rule might be applied for ATMs in which less than 5 transactions happen on an average at night.
If the rule is implemented, The hardships faced by public since demonetisation would only increase. No cash boards have been placed at many of the ATMs for days already.
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Queues disappear on Banks and ATMs in Raipur, 51th day of Demonetization...
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Disappearing queues from Banks and ATMs in Jaipur, 51th day of Demonetization...
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Nothing queues from Banks and ATMs in Varanasi, 51th day of Demonetization...
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Normal situations in Banks and ATMs in Kolkata, 51th day of Demonetization...
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Normal situations in Banks and ATMs in Jaipur, 51th day of Demonetization...
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Watch Cash Rush Continue at Banks After 50 Days Of Demonetization in Nalgonda | iNews With HD Quality
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