When the banks cannot maintain ATM's better close them for ever. Why take the account holders for a ride ?

The crunch is back. Reminding many of the tough days soon after the November 2016 demonetisation announcement, several bank ATMs have run dry in the city over the last week.

The once ubiquitous ‘No Cash’ boards are now back in front of many ATMs, with customers being forced to return disappointed after trying their luck at several ATMs.

Even ATM kiosks on the premises of many banks are in the same league, with bank officials throwing their hands up over the shortage of cash.

“It is the same with most bank ATMs, not of just one particular bank. Moreover, if we manage to find one ATM that has cash, it will have only Rs 2000 notes, not Rs 500 or lesser denomination notes. Even that is a rare scenario,” said one customer in Banjara Hills.

The situation in some banks too was no different. Customers who were disappointed at ATMs tried their luck at banks too, where officials told them that there was a cash shortage and the maximum they could withdraw was Rs 20,000.

In fact, TRS MP B Vinod Kumar had earlier this week written to Union Finance Minister Arun Jaitley asking him to ensure cash in banks and ATMs in the State.

“Almost all ATMs in the State have ‘no cash’ signs hanging,” he wrote, pointing out that many people were in serious trouble because of the cash shortage.