India has among the lowest ATM penetration globally, averaging 8.9 ATMs per 100,000 population, compared to Brazil's 119.6, Thailand's 78, South Africa's 60 and Malaysia's 56.4.
The machine, off Tinsukia, had been awaiting repair the day after Rs 30 lakh of SBI money was filled
Problem of cash crunch will be resolved by tomorrow, currency being sent to states facing shortage: SBI Chairman Rajnish Kumar.
"The situation will stabilise once demand normalises... Supply of currency will also reduce. So it is function of demand and supply."
Arindam Mukherjee dissects the most important machine in India right now...apart from the ones printing new currency, of course
Stability will return, but not too soon: that’s the economists’ prognosis
