Crisis of notes in banks, logistic issues at ATMs force people to suffer

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Crisis of currencies in banks and logistic issues at ATMs forced people to suffer. Queue grew longer in front of the banks and post offices on friday.

 Even few of the ATMs which opened today (near SBI Bistupur, ICICI Bistupur) also witnessed long queues as most of the around 500 ATMs remained closed for the third consecutive day over logistic issues like configuration of ATM cassettes and manpower crisis for cash evacuation and cash filling.

People were seen struggling for cash. Queues in front of nearly all the over 300 private and nationalized spilled on to the roads, was common when the banks opened first time after demonetization of `500 and `1000 currencies.

State Bank of India chief manager, Kumud Jha explained the banks position. “ We are working hard to ensure that people don’t suffer. Things will become normal gradually.  It was not possible to open ATMs with new denomination of notes within 48 hours (after two-days closure as announced by Government). We have outsourced service provider (private agencies) who carried out cash evacuation and made the balance in each ATM zero through software from the SBI main branch through our server. Gradually, ATMs will become operational across city by this evening or by tomorrow morning,” said Kumud Jha.

Daily Pioneer
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