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Demonetisation: Banks run out of Rs 100 notes, issue Rs 2000 only

People queued up outside banks even before they opened for business.

New Delhi/Bengaluru: Ordinary people across the nation continued to face difficulty in paying for household items, essential commodities and vegetables as they ran out of savings of small currencies while it was tough to get cash from banks which opened after a day's break, due to huge rush and long queues.

While serpentine queues were witnessed at banks across the IT capital where people thronged to exchange Rs 500 and Rs 1,000 for new currency, some of the banks ran out of cash, with the State Bank of India's server crashing, forcing them to shut early.

People queued up outside banks even before they opened for business. “First I had to wait for four hours to get new currency of Rs 4,000 then I still could not buy anything because I just had two notes of Rs 2,000. As the lower currency notes are available in limited quantity, nobody could give me change,” Bharti Raghav, a housewife said.

People are particularly facing difficulties in buying milk, vegetables, medicines and other daily essentials and in commuting in auto-rickshaws and taxis. Citizens in many areas were seen fuming over having to wait in long queues in banks and ATMs for hours on a working day.

( Source : Deccan Chronicle. )
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