'Idhuvum Kadandhu Pogum "
Even this challenging situation would ease
Why you want cash? You have to learn to forget cash transaction!
If you are having smart phone with internet connection, no need of cash!!
ICICI Bank saying we don't want to see any of our customers face.
You will be identified as Adhaar number,not by your name in future.
Let technology rule the country.
Let a robot with Artificial Intelligence become next Prime Minister!!
I will be back………
" Be Good and Do Good "
Even we do many transactions by online banking we may require some cash for our small expenses like vegetables, Kirana etc. Socash circulation can't be stopped completely. Probably AP government has to talk to RBI and arrange for more cash for their state so that their people will not face any problem.
It is extremely difficult to go completely cashless, we need cash for autos, buses, small purchases from the cart vendor etc.
As people are using more and more online and card transactions the cash in circulation is decreased. At the same time trips to ATMs are increased.
Whenever there is a news or rumour of cash shortage people run to ATMs and start hoarding cash till situation eases. This phenomenon is now happening in many cities.
Knowledge is power.