Mumbai, April 28: Allaying fears of four-day long bank holidays, and consequently, ATMs running out of cash the Indian Banks’ Association has asked banks to stock up cash in all ATMs to avoid causing inconvenience to the general public. It must be noted that banks will be closed in several states in India from April 28 to May 1.

Banks are closed on April 28 (fourth Saturday), April 29 (Sunday), April 30 (Buddha Poornima) and May 1 (State Formation Day in Maharashtra and Gujarat, and May Day in some other States).

It must be noted that while the banks will not be functional, net banking and ATMs will be working across India.  In a bid to ensure uninterrupted functioning, the Indian Banks’ Association has urged banks to ensure adequate loading of cash in ATMs, arrange for refilling of cash in ATMs through outsourced services/ internal arrangements. In many banks, holidays on Monday and Tuesday are negotiable. It is advisable that you check with your bank about its operations.

According to a report by Business Line, the government has assured that it is taking all steps to ensure that ATMs are supplied with cash and to get non-functional ATMs normalised at the earliest, experts hold a different view.

In the last week, several states including Bihar, Andhra Pradesh, Telangana, Karnataka, Uttarakhand, Madhya Pradesh and Rajasthan faced a cash crunch with ATMs running dry or becoming non-functional in some parts of the country.

(The above story first appeared on LatestLY on Apr 28, 2018 01:05 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).