India

12840 ATMs, and 153 Cashtic users!

NH17
781017
India

Vakkom Main Road
695308
India

Aurobindo Marg
110016
India

Napean Sea Road
400036
India

Napean Sea Road
400006
India

NH 66
695001
India

Naya Nagar Road
401107
India

Dadri Road
110031V
India

Irani Wadi Road No 2
400067
India

Qutab Road
8572
India

In a dramatic and unforeseen move in November 2016, India annihilated two of its highest-denomination banknotes, effectively obliterating 86% of the nation’s currency in circulation overnight. This bold maneuver, dubbed Demonetisation, aimed to dismantle rampant corruption and siphon out hidden wealth. The immediate aftermath was a pandemonium of serpentine queues outside banks and ATMs, with critics decrying the policy for disproportionately afflicting the impoverished and crippling India's vast informal economy.

Cash will be King at least in our lifetime! Look at the latest trends from the 4 largest economies in the world, US, EU, China and India based on data from the US Federal Reserve, the European Central Bank, the Reserve Bank of India, and the Bank of China. Is digital money and wire transfers overtaking cash, or its just a hype and marketing from Visa, Mastercard and digital bank startups?
ATM data by OpenStreetMap and its contributors. ATM counts and locations can be inaccurate!