Demonetization scrapped the high denomination tender a month ago. Some of the reporters visited banks and spoke to some people about the impact of Demonetization?
Yes and no, says Sunil Kumar, branch manager of urban cooperative bank. “Now situation is in some control. Non –availability of cash is hitting the operation. And for day two or week we should adjust without cash.”
Vartika Bargujar, assistant manager says, “Its relief to see less people coming at the bank for cash withdrawal, last month was so hectic.”
This decrease in number shows the normalcy. She added, “As days passed and queue dwindle for the rush for the depositing scrapped money has also come down. However, still people are facing money shortages."
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