Khammam: Demonetisation of high-value currency is troubling not just the people but even the bankers. With sufficient cash not being supplied by the Reserve Bank of India, the employees in all the banks in the city are facing a tough time answering the questions of the customers.
Some angry customers are even entering into heated arguments with the bankers. The situation is the same in a majority of the banks in Khammam and Bhadradri-Kothagudem districts. Many banks in the two districts wore a deserted look with a majority of the people desisting from visiting the banks after knowing about the unavailability of cash.
The banks, it is learnt, are being supplied only with 20 per cent of cash actually needed. With the little cash being disbursed, banks are confining only to accept deposits within a couple of hours after opening, everyday.
Irked over the continous trouble they are being put to, some customers are entering into arguments with the staff and giving a vent to their anger.
With the situation not showing any sign of easing, several bankers are getting stressed out and a few , it is known, are even approaching doctors to suggest some medicines to relieve them from the mounting hypertension.
M Sandeep, an officer in a private bank, said: “We fear that the first week of December will be a nightmare for us as there will be immense pressure on the banks. We want more cash to meet the requirement of salaried people who come to the banks.”
The bankers reportedly approached the district collector, who, in turn, reviewed the availability of cash and asked the RBI to send sufficient cash to the bank branches in 2 districts.
In Khammam, business has also dropped by 30 per cent following the ban on notes. Many people are delaying buying things as they fear running out of valid notes.
Note ban is a poll gimmick: CPI
Prime Minister Narendra Modi has decided to implement demonetisation in view of the elections in Punjab and Uttar Pradesh, alleged CPI Central Committee secretary K. Narayana.
Speaking at a public meeting at Hanam-konda, as part of the party’s annual convention, he said the introduction of Rs 2,000 note will only help in accummulating black money and increase corruption.
CPI national secretary Suravaram Sudhakar Reddy alleged that the BJP is working as an agent of the RSS and the Sangh Parivar. People are suffering due to the immature decision taken by the PM, he added.
Special counters at banks to disburse salaries, pensions
Collector R.V. Karnan on Wednesday instructed the officials concerned to open two special counters at the banks to give salaries in cash to the government employees, pensioners and Singareni employees from December 1.
Reviewing the steps being taken to give salaries to the government employees, Mr Karnan said salaries should be given to the employees from 10.30 am to 8 pm at special counters to be opened at the banks for government employees and drinking water facility will be available at the counters. He instructed the officials to take steps to avoid untoward incidents during employees and pensioners taking their salaries.
