PANJIM: The Reserve Bank of India (RBI) has informed the State government that there is enough cash in the various banks in Goa to suffice for the next six months.

State Finance Secretary Daulat Hawaldar on Wednesday held a meeting with bankers to assess the liquidity cash position, functioning of ATMs and possibility of crowding in the banks after the release of salaries and pension by the government.

As per the minutes of the meeting, RBI and the other bankers clarified that there is sufficient cash required for the next six months.

The bankers also conveyed that more than 85 per cent of the existing ATM’s are functional and adequate cash liquidity is maintained.

“State Bank of India has started operation of one mobile ATM. SBI was requested to introduce one more mobile ATM within a week’s time,” the minutes read.

“Three banks namely HDFC, Canara Bank and Bank of India need to get their ATM cash replenished from outside Goa. The source of this cash is Sawantwadi, Maharashtra,” the bankers informed the State government.

The Collector North has been requested to connect with the Sindhudurg Collector and facilitate the movement of cash replacement agency (CRA).

The meeting also discussed the possibility of crowding at the banks and ATMs due to various transfers by the Government of India and State government to the beneficiaries.

The meeting resolved that there is fairly good presence of bank branches and ATMs across the state.

The State Registrar of Cooperative Societies was instructed to issue directions to the cooperative banks and cooperative credit societies to keep their branches open, in order to ensure smooth functioning of cooperative banks and cooperative credit societies.

The public sector and private sector banks were further directed to open all their branches in the State.