Long queues outside banks in Hyderabad

a-t-mPeople have thronged banks- both public and private sector banks to exchange the little amounts they have and to draw to meet their daily expenses. Banks have a tough time dealing with the customers as almost all their customers flock together in the opening hours itself. Since no cash is available in sufficient quantity, people enter into verbal war with the staff at several places. The queues have been so big that they go out of the bank premises and people are standing on road, awaiting their turn.
Meanwhile, several ATMs have not opened up for transaction as no cash was pumped up till 12 noon on Friday. Bank authorities say that the ATMs are being re-configured to dispense Rs 100/ and Rs 2000/ notes and the process may take ten days.
Even banks are dispensing only Rs 2000/ notes and not Rs 100/ notes, leaving the people to their fate. We cannot meet normal daily expenses with such a big notes, people complain.

Medaram Jathara

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