Till when will ATM cash crunch last? SBI Chairman Rajnish Kumar gives deadline
Cash crunch at ATMs: When asked about his opinion on National Company Law Tribunal (NCLT) working, Kumar said, "We should support it. NCLT is a good process and every new process or law takes time to stabilise. Every capitalist economy should have an Insolvency and Bankruptcy code." He added that in our country the law has been enacted a bit late and is taking its time to stabilise.
Cash crunch at ATMs: With the public inconvenienced by a shortage of banknotes virtually across India, Rajnish Kumar, the chairman of State Bank of India (SBI) revealed that relief is well on way. Image source: DNA India