Get In Touch

No Cash Crisis! SBI & PNB Break Silence on ATM Panic!

    Share on

Amid growing panic due to India-Pakistan tensions, major banks including State Bank of India (SBI), Punjab National Bank (PNB), and others issued a strong reassurance on May 9: "ATMs are fully functional and well-stocked."

 

Rumors had surfaced across social media platforms claiming that ATMs may shut down in the coming days due to the rising conflict. Responding swiftly, public and private lenders alike assured citizens that cash availability remains unaffected.

 

Banks emphasized that there is no disruption in digital banking services like UPI, mobile banking, and net banking. In fact, many banks have increased their ATM surveillance and cash replenishment cycles to meet sudden surges in demand.

 

Officials have urged people to stay calm, avoid panic withdrawals, and rely on verified updates only. The banking infrastructure, they said, remains "obust and well-prepared to handle any situation."

Share:

Post a comment

Your email address will not be published. Required fields are marked *

Jio Be Like: Why share when we can own the whole bank?

Jio Be Like: Why share when we can own the...

Jio Financial just made a bold move, buying 7.9 crore shares of Jio Payments Bank!...
China, HK Stocks Climb on Optimism Ahead of Policy Meetings

China, HK Stocks Climb on Optimism Ahead of Policy Meetings

China and Hong Kong stocks rise after strong manufacturing data. Investors hope for new policies...
Mumbai Gets a THIRD Airport! Here’s What It Means for You

Mumbai Gets a THIRD Airport! Here’s What It Means for...

Maharashtra's bold Budget 2025 unveils a third airport for Mumbai and night landings in Shirdi....
India and US Racing to Lock $500 Billion Trade Deal!

India and US Racing to Lock $500 Billion Trade Deal!

With the clock ticking, India and the US race to seal a historic $500 billion...
India’s swift recovery from U.S. tariff shock: Here’s what’s fueling the growth

India’s swift recovery from U.S. tariff shock: Here’s what’s fueling...

India has become the first major economy to recover from the global market downturn caused...
New SEBI Chief Appointed! Will India’s Markets See a Major Shakeup?

New SEBI Chief Appointed! Will India’s Markets See a Major...

Tuhin Pandey takes charge as SEBI Chief at a crucial time for India's financial markets....

Login

Don’t you have an account ?

Register