Cash crunch continues in Salem as 60% ATMs remain closed

Salem | Wednesday | 16th November, 2016

Summary:

SALEM: About 60% of ATMs in Salem region, including Namakkal, Dharmapuri and Krishnagiri districts, did not function for the seventh day on Tuesday. Many post offices, except district head post office in Salem, allowed only people who came to deposit their old currencies. The banks replenished ATMs with currencies only once in a day.In post offices too, the situation was same. "Our Diwali sales had crossed Rs 60 lakh and we will cross at least Rs 20 lakh during normal days. "At the same time, many post offices did not exchange notes," N Sivaraman from Dharmapuri.Sales in grocery shops, markets were badly affected in the region..