12th day: Chaos continues

There has been no relief for the common man queuing up outside the banks for the 12th day since the banks reopened after the demonetisation of the Rs 500 and Rs 1,000 currency notes on November 8. As banks opened after a day’s break, people rushed to exchange old defunct bills or withdraw cash. 

Besides, those having wedding in their families are still not able to withdraw Rs 2.5 lakh from their accounts, even after the relaxation announced by the Centre five days ago. Banks said they have not yet received operational guidelines from the RBI in this regard. People are visiting their branches with gazette notification that talks of relaxation being provided to farmers and for marriage, but to no avail.