Young, elderly, working class and others, all could be seen standing outside banks for hours in queues, some of them stretching up to 20 metres. At places, people after waiting for hours get to know that the bank has run out of cash, leading to commotion, arguments and even scuffles. Due to flow of cash less than the demand, ATMs run out of cash within hours daily. Since ATMs are being stacked with Rs 100 notes only and the space is limited, they run dry within no time. “Each ATM machine has 3-4 bins, which hold cash and each is configured to hold Rs 100, Rs 500 and Rs 1,000 currency.

Source: Hindustan Times November 13, 2016 07:30 UTC