After the announcement of demonetisation, long queues were seen outside banks and ATMs. In Delhi and NCR people queued up in big numbers outside the banks and ATMs to collect some cash before the weekend.
Due to the big numbers of people, most of the ATMs were out of cash and due to which people preferred to visit the bank.
A man standing outside a bank in south Delhi said, “ATMs in my locality didn't dispense any cash this morning. I had to visit the bank to withdraw money. Also, because the withdrawal limit is Rs 24,000 in banks, it will help meet my needs till the middle of this month.’’
“There is nothing new. These long queues have become such a routine thing now. There is nothing we commoners can do about it. We feel so helpless.”
Across the city, similar conditions were also seen in banks. People showed extreme anger over the long queues and about the banks setting arbitrary withdrawal limits.
According to sources, in banks of New Delhi and adjoining Noida, it was found that people were frustated because of long wait and were requesting bank officials to count the notes faster and make transactions as quick as possible for them.
A resident of Mayur Vihar in east Delhi said, “I have to manage my family expenses. So many payments need to made. These long queues are really annoying and once you reach the counter, bankers refuse to pay more than a certain amount.”
A branch manager of Syndicate Bank in Sector 15 Noida, Anil Kumar Gupta, said, that while the branch was able to cater to its own customers but there was a huge problem because of walk-in customers of other branches.
He said, “We are facing most of our problems due to customers who have accounts in other branches. They come demanding Rs 24,000 and are not willing to understand our situation.”
"This being a small branch, I know most of our customers personally. When I tell them that we can only provide a limited amount to be able to satisfy everybody, they understand.”
Anish Kumar an actor by profession, complained that the cash crunch and consequent queues were creating problems in his professional life.
“All of this is so time consuming. You can't do without cash and also there are other commitments you need to take care of. I had to reach a channel house in Rithala to sign an agreement at 1 p.m. but I think I won't be able to make it as the queue is really long.”
Even the distribution of salary has failed to bring smiles to the faces of office-goers as the withdrawals have become extremely taxing post the November 8 demonetisation announcement.
Another resident said, “I have received my salary in the bank account but how do I withdraw it? I have to wait for so long in these big queues for that. Life has come to a standstill due to this unprecedented shortage of cash.”
He added, “Cashless economy seems tough as vegetable sellers, food vendors and many others do not have access.”
After the announcement of demonetisation, people are suffering from many problems in completing their household needs. There is improper preparations in implementation and circulation of new currency.
--with agency inputs
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