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Millennium Post

Heavy rush at ATMs continue; banks to reopen on Tuesday

Commoners continued to line up outside ATMs in the city on Sunday, even as banks will remain closed in many places for the third day in a row on account of Id-e-Milad on Monday.

The situation at bank ATMs has not improved as ATMs are still not dispensing adequate cash despite 
being recalibrated for new currency notes.

People in Delhi are going through similar nightmares even after 33 days of demonetisation.

On Sunday, several bank ATMs ran out of cash, including Rs 2000 ones, within a few hours of opening in early morning.

Since a week, ICICI Bank branches at places like Connaught Place don’t have enough cash to disburse among customers.

On Friday, ICICI Bank branch manager at Naurang Bhavan on KG Marg, said that there is no cash to disburse to customers. ICICI ATMs at ITO doesn’t have cash to distribute to people.

ATMs in the industrial towns adjacent to the national capital wore a desolate look on Sunday – the 33rd day since the demonetisation of high-value currency notes – with no one standing in queue to withdraw money as each kiosk displayed a ‘no cash available’ sign outside.

The situation was same at five ATMs near Sector 16 Metro Station at 11.30 am, and found each one unable to dispense any cash.

“This machine does not have any cash... hasn’t had any since the (high-value) notes were banned,” a guard at the Punjab National Bank branch said.

The situation was the same at the Kotak Bank branch ATM, which has apparently fallen out of the reckoning since November 8. It has been devoid of any money.

The ATMs of State Bank of India and IndusInd Bank also had their shutters down.

Since the demonetisation decision, announced on November 8, people have been queuing up in front of banks, post offices, and ATMs to withdraw cash, which has been in short supply ever since.
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