Mr Kumar said there are certain areas where there is a problem with running of ATMs and availability of cash of particular denomination.
"It is not a uniform cash crunch problem. It is there in geographies like Telangana and Bihar. We are hoping that the problem will be resolved by tomorrow because cash is in transition and it is reaching these states by today evening," Mr Kumar told reporters in New Delhi.
Holding those accountable who are hoarding cash, Mr Kumar said the money should be recycled, meaning that if people withdraw money from the bank and the money needs to be deposited back as well.
Economic Affairs Secretary Subhash Chandra Garg had earlier this week said that the government suspects that Rs 2,000 notes are being hoarded as they are not coming back into the circulation fast enough. To deal with currency shortage, the printing of Rs 500 notes have been increased five times.
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