New Delhi, April 20, 2018: In view of the ongoing crisis of currency across many parts of the country with ATMs running out of cash since last few days, the Bank Employees Federation of India (BEFI) has suggested that the government and the RBI take up appropriate measures to restore confidence of the people in banking system.
In a statement on Wednesday, BEFI General Secretary CP Krishnan said there are certain basic measures that the Government and RBI have to take to overcome this shortage.
He said, the cash in circulation is 18.3 lakh crores of rupees which is higher than pre-demonetization level, according to the RBI.
”But as and when the demand for cash grows, there needs to be increase in cash circulation.
United News Of India
