"I successfully withdrew some cash today in 15 minutes, as against spending five hours on November 13. But we should not forget that banking operations usually slow down in the last few days of the month. Therefore, in the beginning of the next month, it would be really a testing time again," said a retired bank professional residing in Chembur.
According to Pratap Singh from Bihar, who once served as a district and sessions judge and now lives in Nerul, "as far as cash flow-related difficulties are concerned, they are temporary in nature and a natural fall out of such a bold step."
"In fact, my spouse and I who always preferred to pass on our cards to children, are now queueing up outside ATM machines. After all, getting money does not take much time so as to tire us out," he said.
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A noted physician and director of ACS Health services, Dr Ashish Tiwari said, "We understand the hardships of our patients, and therefore, we are giving them some grace period to pay the fee. However, apart from accepting fees through services like Paytm, doctors as well as patients are turning towards android and iOS-based medical apps such as 1mg, Practo, Portia etc to cope with the situation."
When asked about shorter queues outside ATMs, a leading bank executive said, "Nearly half of the ATMs have been re-calibrated and in coming days, the rush should get over."
Disclaimer: No Business Standard Journalist was involved in creation of this content