India

Bihar banks, ATMs fail to meet rush

PTI

People in large numbers thronged banks to exchange old currency notes of Rs 500 and Rs 1,000 denomination and withdraw money from ATMs, that went dry at several places, across Bihar on the second day of transaction. In Patna, many stood in long serpentine queues in front of different nationalised and private banks from morning till evening. long queues were witnessed at ATMs too which opened on Friday after a gap of two days. Many ATMs ran out of cash in a couple of hours as there was heavy rush to withdraw money.  A large number of ATMs, especially on Boring road or Boring canal road of the capital, were not working since morning.

“After completing my morning walk, I went to the ATM of ICICI Bank around 7 am on Boring road roundabout but it was closed. One of the guards told me the ATM was to be replenished with cash in the night but the process could not be completed in the night and hence it was not dispensing money," said Ajay Kumar, a resident of Anandpuri area in the capital.     “Things have gone from bad to worse as I have completely run out of money and it is becoming difficult to meet my daily needs," Kumar added.Vivek Kumar Singh, a resident of Rajiv Nagar, said, "I woke up early in the morning in order to avoid rush at ATMs but to my surprise, no ATM was opened in my vicinity."