Long queues at ATMs as banks remain shut on Tuesday

Heavy rush is expected at ATMs as banks will remain closed on Tuesday on account of BR Ambedkar's death anniversary. 

Banks were opened on Monday after a day-break. On Monday too, people faced hard time as people thronged banks counter to withdrawal money. By Monday evening, ATMs at most of the places run out of cash.  

On 2 December, AIBEA and the All India Bank Officers' Association wrote a letter detailing the hardships that were being faced by banks employees. 

The letter detailed the problem of cash crunch at banks. "While RBI is repeatedly making statements that ample currency is being given to banks, the reality is otherwise. The public feels that RBI is supplying cash to Banks and bank employees are deliberately not extending payments," it read.