HKCCI demands sufficient money supply through ATMs for growth

The Hindu | Feb 18, 2020 at 6:04 PM
  • Attributing the deceleration in overall business activities, particularly in Micro, Small and Medium Enterprises (MSME), to the insufficient supply of money to the market, the Hyderabad Karnataka Chamber of Commerce and Industries (HKCCI) urged the Union government and Reserve Bank of India (RBI) to make necessary arrangements to ensure that there would be perennial money supply to the market through ATMs.
  • In a letter written to Union Finance Minister and RBI Governor on Tuesday, Amarnath C. Patil and Shashikanth B. Patil, president and secretary of HKCCI, provided a list of measures to be considered to increase the cash flow into the market through ATM network across the country.