People at ATMs, more than at bank offices, in Kolkata felt dejected as they first queued up for long hours and then returned empty-handed as no cash was vended out on the first Monday after December pay day.
Be it Kalikapur, Southern Avenue, Elgin Road, or Dhakuria, the ATM machines mostly became dry shortly after being refilled due to the lopsided demand-supply equilibrium.
"I am walking from an ATM in Dhakuria to Ruby and none of the ATMs that I checked while walking this long stretch has any money," S.K. Saifuddin said.
Meanwhile, Mayor Sovan Chatterjee said the government will try and help the bereaved family of 52-year-old Kallol Roychowdhury who died while standing in a queue at an ATM kiosk on Saturday.
The family said they were struggling to collect money for the state government employee's last rites due to cash crunch that has engulfed the nation after Prime Minister Narendra Modi's historic November 8 decision.
Roychowdhury's demise followed two such deaths in the districts of south Bengal. Rabin Mukherjee (73) and Bishhodeb Naskar (80) were both pensioners and collapsed in the queue while waiting to withdraw their monthly pension.
"This is unprecedented and such incidents have scared us also. Our sons and husbands stand in queues as well. To run the family, you need cash in hand for day-to-day chores. At the start of the month, you need a lot of cash. I have been standing in front of the bank for some time, and at my age it's not easy," Nivedita, a 72-year-old pensioner, said in Tollygunge.
A middle-aged government employee painted a slightly different picture near Hazra road.
"As we near the end of the month, problems will ease. I reached the bank around 11 a.m. and found the queue less than what it was a few days ago. I am sure with the central government promising re-calibration at all ATMs, the tensions will ease out," he said.
--IANS
dm/ssp/sm/vt
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
