Cash Crunch: SBI Asks Customers To Withdraw Up To Rupees 2,000 Per Day From PoS Machines For Free

Amid the cash crunch faced by the country, State Bank of India (SBI), today allowed customers to withdraw money up to Rs 2,000 via Point of Sale (PoS) machines. The largest lender of the country said that it is providing facilities of cash withdrawal through ‘Cash@POS’ initiative to ease the liquidity deficit. Cash@POS is a facility using which debit card holders can withdraw cash by swiping their debit/prepaid cards at SBI PoS termi...