People lining up at ATMs for Rs 100 denomination notes

Shobhit Kalra
Published on: 8 Nov 2016 6:05 PM GMT
People lining up at ATMs for Rs 100 denomination notes
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People lining up at ATMs for Rs 100 denomination notes

New Delhi/Lucknow: Soon after Prime Minister Narendra Modi announced the scrapping of Rs 500 and Rs 1000 currency notes, people on Tuesday started flocking the nearest ATMs in a desperate attempt to withdraw Rs 100 denomination notes.

Tens of thousands of people also rushed to the ATMs to deposit Rs 500 and Rs 1000 notes kept with them. Long queues was observed at ATMs in various places across Delhi including the NCR areas.

In the Uttar Pradesh capital city Lucknow, ATM counters at Hazratganj, Gomti Nagar, Alambagh and Husainganj areas were heavily rushed.

Government's historic move, however, has been welcomed by common man as people think that it may perhaps eliminate black money and entrenched corruption.

Meanwhile, the old Rs 500 and Rs 1000 currency notes will be accepted at petrol pumps, milk booths, hospitals, railway and airport counters for next couple of days.

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Shobhit Kalra

Shobhit Kalra

Writer has 10 years of experience in digital media. Presently working as Chief Sub Editor at newstrack.com. An avid reader and always willing to learn new things and techniques.

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