Long queues were seen at ATM counters, which reopened this morning after a two-day break following demonetisation of high value currency notes of Rs 500 and Rs 1,000, but the people were left disappointed as the cash vending machines soon ran out of money.
By afternoon, most ATMs downed their shutters and put up notices announcing that they were left with no cash.
"I waited for an hour in the queue and minutes before my turn, the ATM was already down. My biggest problem is buying groceries and paying for other petty expenses," said 35-year-old housewife Aditi Saha.
Bank authorities had a tough time maintaining order in the ATM queues. Every time a customer was seen trying to swipe two or more cards during his turn, others in the queue protested.
Many customers complained that they needed more cash than just the daily withdrawal limit of Rs 2,000 as plastic money or mobile wallets were not accepted everywhere in the market.
From today, customers are allowed to withdraw up to Rs 2,000 per day from ATMs till November 18. The withdrawal limit will be raised to Rs 4,000 per day per card from November 19.
All eyes were on the Automated Teller Machines (ATMs) today as lower denomination Rs 100 and Rs 50 notes were mostly reserved for them and banks were giving out the new Rs 2,000 notes.
"There is a huge requirement of cash now and our people are trying their best to meet the demand. Every 10-15 minutes, an ATM is being refilled by us," State Bank of India AGM Mohan Mitra told PTI.
SBI has one of the largest number of ATMs (3,500) in the state.
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
