Banks run out of Rs.100 notes as citizens face problems

Almost all banks not only in the state capital, but also across the state found themselves struggling to serve the public on Saturday,Sunday with many of them running out of Rs 100 and smaller denomination currency notes.

In the aftermath of the Centre’s demonetising Rs 500 and Rs 1000 currency notes, majority of the banks across the state have been witnessing shortage of lower



denomination notes creating panic among their customers.

It seems the banks failed to make arrangements to meet the public demand. There is a shortage of Rs 50 and Rs 100 notes with the banks. The newly released Rs 2000 notes do not find much takers as people are struggling to break it into smaller change. A typical ATM machine can dispense Rs 5 lakh worth of cash on a single day.