Why to stand outside ATMs when you can withdraw cash at BigBazaar

The Mini ATM facility is similar to banks ATMs. 

Why to stand outside ATMs when you can withdraw cash at BigBazaar
The lack of liquidity for people has impacted retail businesses severely. Photo: Reuters
By ZeeBiz WebTeam
Updated: Tue, Nov 22, 2016
07:57 pm
Mumbai, ZeeBiz WebDesk
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Amid the ongoing hassle outside the ATMs and banks to withdraw cash, Future Retail on Tuesday announced Mini ATM facility at its BigBazaar outlets.

Kishore Biyani, CEO, Future Group, in a tweet said, "Now one can withdraw 2000rs from bigbazaar using your debit card from this Thursday onwards".

The Mini ATM facility is similar to banks ATMs. 

On Monday, Biyani has said that he has written to consumer goods companies to extend credit days and offer additional discounts on their merchandise so it can be passed to consumers who are facing inconvenience due to demonetisation, The Economic Times reported.

The lack of liquidity for people has impacted retail businesses severely. Retailers in India have seen a 50-70% drop in sales within the first 5 days as an impact of this, said Kumar Rajagopalan, MD of Retails Association of India (RAI).