UP says no cash crisis, enough currency with all banks

The Uttar Pradesh government today said there is no cash crunch in the state as RBI has made enough cash available with all leading banks.

"RBI Kanpur and Lucknow offices have made enough cash available for currency chests of banks. Main banks like SBI, Bank of Baroda, Union Bank of India, Central Bank, ICICI, HDFC have confirmed availablility of enough cash in their currency chests," an official spokesperson said.

"RBI is continuously reviewing supply of currency in ATMs by banks. Cash is available in 17,000 bank branches in the state. There are 19,000 ATMs in the state and strict directives have been issued to ensure availability of cash in them," he said.

He said that after media reports, the state government officials reviewed the situation with banks and found that the situation is normal.