Kumari Palany & Co

Long closure of banks may lead to shortage of cash in ATMs

Posted on: 14/Mar/2016 2:31:29 PM
Banks across India will go on a long holiday starting March 24. The banks will be closed on 24th March (Holi), March 25th ( Good Friday), March 26th ( fourth Saturday) and March 27th( Sunday). Due to these lengthy holidays banking services will affect business transactions. While the banking activities will come to a halt, ATM holders will have to suffer the most since ATMs are expected to run out of cash.