ADVERTISEMENT

Note Ban: If City Banks are Struggling, What About Gramin Banks?

While big banks are struggling with a cash crunch, what is the situation like for the banks in villages?

Updated
Videos
1 min read

After demonetisation of Rs 500 and 1000 notes, chaos and panic has hit the country. Big banks and metro cities are struggling with a cash crunch, but what about the rural areas and the age old gramin banks in the country?

Deposits are pouring in but the banks have no cash for exchange. At one such bank in the Lalitpur area of Jhansi, the branch manager shares his problems and concerns with The Quint.

(At The Quint, we are answerable only to our audience. Play an active role in shaping our journalism by becoming a member. Because the truth is worth it.)

ADVERTISEMENT
Published: 
Speaking truth to power requires allies like you.
Become a Quint Insider
25
100
200

or more

PREMIUM

3 months
12 months
12 months
Check Insider Benefits
ADVERTISEMENT
Stay Updated

Subscribe To Our Daily Newsletter And Get News Delivered Straight To Your Inbox.

Join over 120,000 subscribers!
ADVERTISEMENT
×
×