With tightened norms, use of ink, bank queues shorten

With tightening of the exchange norms and use of indelible ink, the serpentine queues before bank branches have shortened, though the ATM transaction continues to be a nightmare in the metropolis.
The continuing cash crunch since the November 8 announcement of demonetisation of higher value currency notes has seen people throng the banks in huge numbers.
However, today several banks witnessed no queues as exchanges norms were tightened in addition to the use of indelible ink, which kept many people away.
A manager with private sector Lakshmi Vilas Bank in the central business district of Dalhousie said, "We are not allowing exchange till 2.30 PM. But customers can come and withdraw money from their accounts within the limit".

This is why there are no queues outside and exchange would happen only for a short period- from 2.30 PM till the close of banking hours, he said.
Nationalised banks like the Bank of Maharashtra, State Bank of India and others saw no betterment in the situation as people continued to throng for exchange of old currency notes.

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CGM of SBI's Bengal circle Partho Pratim Sengupta said the bank has tied up with public sector petrol pumps IOC and BPCL for withdrawal of money through Point of Sales (POS) machines.
He said 182 petrol pumps in the state would provide the facility to start with and would continue till the situation normalises.

Besides this, SBI has pressed into service three mobile ATM vans from which customers would be able to withdraw money.