The ‘no cash’ days seem to be prevailing in Telugu states where people can only use the ATMs to check their account balance.
The first week of every month witnesses people thronging ATM centres to withdraw money. But, apart from one or two ATMs none are working. Many ATM machines are not able to dispense Rs 2000 notes as they are not updated yet. People are experiencing anxious moments wondering if the
post-demonetisation days are repeating. In Cyberabad, there are 1,370 ATMs and 788 bank branches, while there are 2,150 ATMs and 1,150 bank branches in Hyderabad.
Since November last year, 60 per cent of ATMs in the twin cities are not working and ‘out of service’ boards are promptly displayed outside the ATM centres. This is because the machines are still not updated to dispense Rs 2000 notes.