SBI is disproportionately allocating cash to tier 1 cities

Jun 08, 2026

12:45 pm

What's the storyThe Confederation of ATM Industry (CATMi) has warned that ATMs in tier 2 and tier 3 cities are facing severe cash shortages.

The problem stems from State Bank of India (SBI), as it continues to disproportionately allocate cash to ATMs in tier 1 cities.