Arunachal: APCC demonstrates in front of SBI against Cash Crisis


The Arunachal Pradesh Congress Committee (APCC) on Friday  gherao and demonstrated in front of the State Bank of India (SBI ) at Itanagar and Naharlagun and in all ATMS to protest against cash crisis across Arunachal Pradesh.

The APCC hold this demonstration Inspite of the capital complex district administration had declared illegal.

APCC president Takam Sanjoy said that ‘the present crash crisis is the result of the demonetization move by Prime Minister Narendra Modi and his BJP Government.

After demonetization, Arunachal Pradesh is also facing shortage of cash in the capital as well as in all districts,’ APCC president Takam added.

He  further said that the govt has failed to liaise with the RBI and Central government in resolving the cash shortage problem.

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On the other hand  The regional manager of the State Bank of India (SBI) here informed that all automated teller machines (ATMs) in Itanagar and Naharlagun will be replenished with sufficient cash by Friday to mitigate the inconvenience faced by customers.

In a release, the regional manager said the bank is now receiving cash remittance from the Guwahati branch of the Reserve Bank of India, and that the situation will improve from 20 April onwards.

“We regret the inconvenience caused to our esteemed customers by the recent cash crunch,” the release added.


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