Even after standing in the long serpentine queues, the residents of the city remained puzzled as most of the ATMs of the city were found ‘out of service’ while cash was unavailable in the other ATMs on Friday. All the ATMs of the country were supposed to work on Friday as ATMs had been closed for two days, after the Union government’s decision of the abolition of the currency notes of Rs 500 and Rs 1000.
Shutters of the various ATMs of Nehru Nagar, Kotra Sultanabad, Badbhada Road, Depot Square and New Market area remained down while some the others ATMs that were open, had message displayed on screen- temporarily out of service.
ATMs of the city continued running out of the cash in couple of hours as there was a heavy rush in all the ATMs. Most of the machines were equipped to tender Rs 100 notes.
long queues were also witnessed at all the banks of the city as the people rushed to get new currency notes in exchanging their old defunct currency notes of Rs 500 and Rs 1000. People in large numbers reached the banks to exchange the defunct old currency notes of Rs 500 and Rs 1,000 and in order to withdraw money from ATMs.
Panic—stricken citizens went to banks on the second day of their reopening after the Prime Minister Narendra Modi announced to abolish the currency notes of Rs 1,000 and Rs 500 notes in order to fight black money, corruption and fake currency.