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Cash shortage hits Bengaluru banks amid election buzz

Bengaluru banks face a severe cash crunch as withdrawals outpace deposits, forcing currency chests to borrow from peers. Businesses, especially in construction, are withdrawing large sums, potentially for upcoming elections. While ATMs are prioritized, 500 notes are scarce, prompting banks to urge customers towards digital transactions to ease the temporary disruption.

25 Feb 2026 12:52 am