Mumbai: State Bank of India (SBI) has shut down the operations of its ATMs in Tamil Nadu. The bank has taken this step after a two-member gang took advantage of a technical snag and stole at least Rs 48 lakh.
SBI customers will no longer be able to withdraw money from ATMs. The bank management has decided to stop the operation of ATMs as a precautionary measure.
The bank has put up posters at ATM locations informing customers that the cash withdrawal facility at the recyclers i.e. Cash Deposit Machine (CDM) has been temporarily suspended due to technical snag.
A source with knowledge of the matter told ABP News, “Some select ATMs in Tamil Nadu have been temporarily closed.” Fraudulent withdrawals were made from SBI’s automatic cash deposit and withdrawal machines between June 17 and 18. Let us tell you that the bank has about 60,000 ATMs across the country, but cash withdrawal has been stopped in select ATMs in Tamil Nadu.
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