Heavy rains, which wreaked havoc in Maharashtra, resulting in deaths and property destruction, have severely affected banking operations in the affected districts.
Several bank branches and ATMs were flooded in the rain-hit areas.
According to information obtained by ETBFSI from various sources, more than 1,200 ATMs have failed in the five districts of Maharashtra, Ratnagiri, Raigad, Sindhudurg, Kolhapur and Satara. There are around 1,300 ATMs in these districts.
“Many branches and ATMs are affected. This means that no cash is available. Roads are damaged, so vehicle traffic is also restricted. Another big challenge is that the electricity has not yet been restored in many parts, ”said a person who works with the company that recharges cash at ATMs on condition of anonymity.
In addition to the regions mentioned, branches and ATMs in the districts of Sangli, Pune and Thane are also affected.
The restoration of the ATMs may take some time as the rains have not yet subsided.
“With power restored, there is a good chance that many ATMs will need recalibration if there is no major damage. But I have a feeling that around 300 ATMs will be out of service for a long time because of the flood are submerged. ” . said the person quoted above.
Maharashtra floods
The rain was so intense that several bus stations, main streets and houses fell into the floods.
According to the state government, around 210 people died and 4,34,185 people were evacuated from the areas affected by the flood. In addition, more than 1,000 villages are affected and 58,722 animals have died from the incessant rains.
According to the local administration, around 5,000 residents were stranded in Chiplun due to the rains, despite the red alert in the district and adjacent areas.
Prime Minister Uddhav Thackeray and Governor Bhagat Singh Koshyari visited the areas affected by the flood. Help from various government agencies, social workers and NGOs is reaching the affected areas, but the damage is enormous.
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