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Major Rush to Dump Old Notes at Banks

IndiaNovember 10, 2016, 2:56 pm

Massive crowds gather at banks across the country as they re-open for the first time after PM Modi's big announcement on demonetisation of Rs 1,000 and Rs 500. Security has been stepped up at banks as they issue new 500 & 2000 rupee notes. The centre has also deployed more forces to the Delhi police along with quick response teams and emergency vehicles. Most ATMs are closed and will dispense the new notes from Friday. Banks have been ordered to work for two extra hours on Thursday and Friday and will also remain open over the weekend. Meanwhile - the Supreme Court will hear a petition against the notes ban on November 15. The Madras High Court has dismissed a petition seeking a stay on demonetization.

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