ATMs Run Dry: Where's The Cash?
There were some reports trickling in over the last few days and weeks that ATMs in some parts of the country just didn't seem to have enough cash. In the last 24 hours, however, the problem has become so acute that it forced the government to hold meetings and issue statements. So it turns out, yes, ATMs have run dry in some states, but the centre insists there is no cash shortage. In fact they say there's actually more cash in the system than there was before demonetisation. But where exactly is that money then?
