Why ATM's are out of order ?

Most of the ATMs of banks such as State Bank of India, ICICI Bank Ltd, IDBI Bank Ltd, HDFC Bank Ltd and Canara Bank are currently not operational. The shutters of some ATMs are still down, some are out of service and others have run out of cash. Why?

Speaking to the media, a top official with an ATM manufacturer explained the delay in getting the ATMs online.“All the ATM ‘cassettes’ have to be manually configured to hold the incoming Rs. 100 notes and also the new notes to be issued in Rs. 500 and Rs. 2,000 denominations. Cassettes are “boxes” fitted inside the ATM to dispense cash to customers.”

“Most ATMs in India have four separate cassettes to hold different denominations of cash, their configurations vary as per the currency they hold. Till now, most ATMs held two cassettes for Rs. 100 notes and one each for Rs. 500 and Rs. 1,000 notes. Now, this configuration will have to be changed manually. So we’ll have to send technicians to all the ATMs in the country to make the desired change,” says Navroze Dastur, Managing Director, NCR Corporation, India & South Asia.

They also believe that it will be nearly two weeks till ATM transactions can be set totally in order. The people have to brace for a hard winter that is now on them. So this is how badly the government has prepared ground work, to ensure that the common people “do not suffer!” No wonder the leaders are far removed from the common folk, literally and figuratively. PM Modi is in faraway Japan, signing nuclear deals and riding bullet trains while his party president, Amit Shah erroneously claims that people are backing them.