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Demonetised : Common man suffers, ATMs went dry


People continued to suffer for the second straight day today, as ATMs which started this morning went dry in many areas in the city, while long queues witnessed in front of the banks premises. As the government demonetised Rs 500 and Rs 1000 notes on Tuesday last to bring out black money and unearthed corruption Reports from various parts of the city stated that, on the second day also people had to wait for hours inqueues to get their old currency exchanged or to withdraw cash using the cheques while most of the ATMs remained shut due to shortage of cash at many ATM machines. 

However, Mr Ravindra Pingalikar officer of SBI and also executive member of NOBW said that at present the ATM machines were vending only 100 rupee notes and the cap on withdrawals put at Rs 2000 per day to each customer and added that it would take some more days for them to fill the newly issued Rs 2000 notes in the ATMs while the arrival of Rs 500 notes from RBI will take even more days. He further said "we have also installed cash deposit machines at several places and we are maintaining sufficient cash in our branches and still there are mad rush seen at every branch premises but our entire staff handling the situation positively to customer satisfaction purpose.

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