Huge rush and long serpentine queues were witnessed on Thursday at banks in Jammu, which opened today after a day’s break, as people jostled to exchange their 500- and 1,000-rupee notes for lower denomination bills to be able to pay for their basic needs.
With ATMs also shutting down soon after Indian Prime Minister Narendra Modi on Tuesday night announced the withdrawal of 500- and 1,000-rupee notes from circulation in a bid to flush out black money, citizens queued at banks to get the limited quota of cash that they are initially entitled to.
Only a few ATMs were working and most of them will be back in operation only tomorrow after the tedious job of removing the now-defunct bank notes and replacing them with lower denomination bills and new hard-to-fake Rs 500 and Rs 2,000 notes is completed.
Of Long Queues and Shut ATMs
Here are the on-spot visuals from various banks around Jammu
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