For third day, ATMs run out of cash in TN

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Press Trust of India Chennai
Last Updated : Nov 12 2016 | 4:22 PM IST
People continued to face difficulty in exchanging scrapped Rs 500 and Rs 1,000 notes for the third day today with long queues before banks while ATMs ran out of cash in different parts of Tamil Nadu.
Only select ATMs were functional today also, leading to long queues and frustration among the people while banks continued to witness huge demand for cash.
At many places, public were frustrated and disappointed that they could not even withdraw the Rs 2,000 cash allowed despite standing for long hours in front of ATMs.
Following government's announcement that banks would operate today and tomorrow, the number of people thronging the branches of banks was higher than the past two days in view of the week-end.
Meanwhile, petroleum dealers association here said it would accept exchange of old and new Rs 500 and Rs 1,000 denominations till November 14 as government has extended the exemptions of certain transactions.
(Reopens mes3)
Meanwhile, IndianOil Corporation said all its petrol
stations in Tamil Nadu would accept Rs 500 and Rs 1,000 notes upto November 14 following the government's decision to extend their use till that date.
The company, in a statement, said to help truck drivers proceeding towards Northern states, free food is being provided from November nine at its Sholavaram outlet near Chennai.
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First Published: Nov 12 2016 | 4:22 PM IST

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