Financial Year End Effect On common Man
Madhuri Naidu .R
HR Specialist || Talent Acquisition || SEA, MEA, Benelux Region || Workday Recruitment and Onboarding Project Support
No cash..! No cash..!
All ATMs are turning their boards into No Cash or Temporarily out of Service. We have been facing a cash crush for the last two days because there isn’t enough money coming to us. Have you Questioned YOURSELF??
Why?
? Is really Banks don’t have cash?
? Is all the ATMs went out of Service at the same time??
Any Guess?
Its Financial Year end, banks are not filling the cash in the ATM’s to show their profits of the years
Do you know how?
· Nearly 200 million transactions are done every month in ATMs
· Some cores of amount withdrawn every day from ATMs
What if they stop working for 1 day some cores of money will remain in their banks. So, they can have interest on our amounts. If it continuous….??
Yes! guys what you thinking is true, if the ATMs stop working for few days the banks can hold huge amounts by this kind of actions the bankers are going to show more profits in the financial year ending.
Guys Surprised?
Yes! Now a day’s banks are started this kind of things they won’t worry about the common man and their needs simple they are planning to be in a safe zone. However we are ready to accept all what they wish to do because we won’t raise the voice for this kind of misleads.
Perfect solutions for this act
If we keeps our money in the banks it is SAFE not only for us it’s also safe for the banks because if we keep the money in banks they can gain the interest for the day (actually the 31 march is the no transaction day). Guys lets show the power of customers to them
“Let’s draw whatever there in ours accounts if at-all we keep the amount in the bank’s the bankers are going to be more profitable. If we withdraw everything from the banks they will not have the minimum balance so that it affects the profit ratio they won’t reach the target. This is the only weapon we have to show what the customer is and the power of the customer”.
Let the no transaction day be the dreadful day for the bankers..
Head at Mylan
7 年hi so nice
Looking for a challenging position....
7 年Bankers are playing with common people... Today i found 2 atms with cash where there is "NO CASH" board outside....