 "People wait to deposit and withdraw their money outside banks and ATMs (ANI)")
Queues outside banks grew longer as did confusion and chaos, with all cash vending machines still not functioning despite a two-day break for stocking up new currency notes.
People wait to deposit and withdraw their money outside banks and ATMs (ANI)
People waited for hours to get the cash needed to meet their daily expenses as most prevalent higher denomination currency notes of Rs 500 and Rs 1000 were declared invalid.
People wait to deposit and withdraw their money outside banks and ATMs (ANI)
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ATMs, which reopened two days after Prime Minister Narendra Modi announced demonetisation of two biggest currency notes, had people queued up since early morning.
But not all of them were operating and the crowds at many of the machines grew increasingly agitated on learning that they were still inactive.
People wait to deposit and withdraw their money outside banks and ATMs
tate Bank of India, the nation's largest lender, said it could take 10 days for ATM services to settle down to normal.
There are nearly 2 lakh ATMs in the country. Many of them are configured to dispense only Rs 500 or Rs 1,000 notes and cannot dispense Rs 100 or Rs 2000 notes, so they have to be reconfigured too.
People wait to deposit and withdraw their money outside banks and ATMs (ANI)
Prime Minister Narendra Modi announced the demonetisation of Rs 500 and 1,000 currency notes on Tuesday. The shock announcement led to a late night scuttle to ATMs on Tuesday before they shut for the turnaround. In the financial capital of the country, shutters of ATMs of State Bank of India, HDFC Bank, Bank of Baroda, Yes Bank, Dena Bank were down in many parts. ATMs of many banks reported running dry.In the financial capital of the country, shutters of ATMs of State Bank of India, HDFC Bank, Bank of Baroda, Yes Bank, Dena Bank were down in many parts. ATMs of many banks reported running dry.
