Huge Crowd Outside Banks to Exchange Rs 500, Rs 1000 Notes

NEW DELHI:

People across the country started queuing up outside banks and ATMs on Thursday to get new currency notes in exchange of Rs 500 and Rs 1000 notes that have been abolished by the government.
Police made adequate arrangements to ensure law and order and smooth demonetisation process. Fearing a jump in footfalls to deposit or withdraw cash following the demonetisation of 500 rupees and 1,000 rupees banknotes, banks will remain open this Saturday and Sunday and its staff will do overtime till 9 pm for the next three days to clear the rush.
The government on Tuesday had demonitised the Rs 500 and Rs 1,000 notes as part of its efforts to clamp down against the black money, fake currency and terror financing.
Trying to ensure requisite replacement currency is available with people at the earliest; no need for people to rush, says finance minister Arun Jaitley.