40 bank branches go cashless in South Kashmir.
Srinagar: In the wake of militants targeting banks in south Kashmir, cash transactions at nearly 40 branches in sensitive areas of Pulwama and Shopian districts in South Kashmir have been stopped.
The step has been taken following an advisory issued by security agencies asking the banks operating in the two districts to stop cash deliveries at the branches located in these areas as they apprehend more such attacks.
The cash transactions have been stopped at the branches belonging to the Jammu and Kashmir Bank and Ellaquai Dehati Bank, which were targeted by militants recently.
A senior official of Jammu and Kashmir Bank said all other banking operations including ATM services would continue in these areas.