With banks reopening on Thursday, staff await new currency

With banks scheduled to dispense new Rs 500 and Rs 2,000 currency notes from Thursday, employees at some bank branches in Delhi waited till late Wednesday evening for the arrival of new currency issued by the RBI.

The new currency in Rs 500 and Rs 2,000 denomination comes in force following the government's move on Tuesday to demonetize the Rs 500 and Rs 1,000 notes. The ATMs will start dispensing new notes from Friday.

"We are supposed to receive the tranches of new currency from the Reserve Bank of India late in the evening. And once it is received, we will start dispensing it from tomorrow (Thursday)," a senior bank official said on condition of anonymity.

"We will load the automatic teller machines with new Rs 500 and Rs 2,000 notes on Thursday evening so that these machines will start delivering cash from Friday," he added.

The government on Tuesday said that people can withdraw only Rs 2,000 from the bank and the ATMs per day till November 18.

Thereafter, the limit will be increased to Rs 4,000 per day.

People have been finding it hard to get hold of Rs 100 and small denomination notes for daily purchases.

--IANS

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