The endless wait to get valid currency notes was also taking a toll on people waiting for hours in long queues as there were reports of many elderly people collapsing out of fatigue.
Security was beefed up outside bank branches as millions of anxious people struggling to buy daily items waited for hours to exchange the banned Rs 500 and Rs 1,000 notes even as the ATMs went dry soon after they were stocked due to the huge rush.
Enraged over not getting ration from a fair price shop due to shortage of cash, people at Bardaha village in Chhattarpur in Madhya Pradesh allegedly looted groceries from the outlet in protest. Police claimed there was no such incident.
To add to the misery of cash-strapped people, several ATMs were non-functional.
Angry customers waiting outside a branch of the State Bank of Travancore at Vavvakkam in Kollam district allegedly broke a glass door after it decided to down shutters due to heavy rush when around 200 persons were inside the premises.
At several places in Gujarat, people clashed with bank officials leading to police action including lathi-charge and detention.
At a bank branch at Shihori in Banaskantha district, police resorted to lathi-charge after people clashed with bank officials when they refused to dispense money.
Similar incident was reported at a bank branch in Abdasa in Kutch when people clashed with bank officials.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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