If there is no cash in the ATM, the bank has to pay a penalty
Have you ever run out of cash at an ATM even though your account is full? According to a circular, the Reserve Bank of India has decided to impose fines on banks in this regard. The decision was taken in view of the inconvenience caused to the public due to non-availability of cash at ATMs.
There were complaints that many banks were not avail enough money available to the public through ATM machines. If this happens again, the bank will have to pay a fine.