ATMs, BCs working at full capacity

18.04.2020

Mumbai: Automated teller machines and business correspondents, who take banking services to far flung areas, are working at high capacity levels to ensure financial services reach everybody, said RBI Governor Shaktikanta Das. The comments on currency come amid media reports of a Rs 86,000 crore jump in currency circulation in March and also a greater tendency among people to withdraw to hoard cash amid the lockdown. “Regional offices of the RBI have supplied fresh currency of Rs 1.2 lakh crore from March 1 till April 14 to meet increased demand,” Das said. PTI