Demonetization: Mumbai has the longest ATM queues, Chennai shortest - News Summed Up

Demonetization: Mumbai has the longest ATM queues, Chennai shortest


Among the four metro cities of the country, Mumbai is still the worst affected by the government's demonetization move, a report by Quikr's 'CashNoCash' said. According to it, "Mumbai still has the longest wait times at ATMs while Chennai has the shortest." While queues outside ATMs had subsided in the weeks after demonetization, the rush is back with the pay day and limited cash with the banks. While nearly 40% ATMs in Chennai, Mumbai and New Delhi had cash, only 30% of Bengaluru's ATMs had cash. So far, the CashNoCash initiative has managed to help over 11 million users across New Delhi, Pune, Chennai, Bangalore, Mumbai, and Ahmedabad.


Source: dna December 03, 2016 09:47 UTC



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