Published On: Sat, Nov 12th, 2016

Dash for cash..fearing violence, Govt enhances security at banks, ATMs

New Delhi: The Centre has asked all states to ensure proper security to all banks, ATMs and vehicles transporting cash in the wake of demonitisation of Rs 500 and Rs 1000 currency notes .

The home ministry has deputed three officials to be in touch with state governments to ensure security of banks, ATMs and cash transporting vehicles.
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The three officials are taking regular feedbacks from the Directors General of Police and the situation in respective states, a home ministry official said.

Banks across the country struggled to contain serpentine queues since early morning as millions of panicked consumers  scrambled to exchange banned currency or deposit them.

Two people died in separate incidents in Maharashtra and Kerala amid chaos and confusion for the second straight day with poor cash flow.

There were no signs of immediate relief even as several cash-strapped people were told to go back after bank servers at several branches reportedly collapsed while several ATMs went dry in a few hours. People who were able to exchange the old currency could get hold of the new notes only after waiting for several hours.

New Delhi: The Centre has asked all states to ensure proper security to all banks, ATMs and vehicles transporting cash in the wake of demonitisation of Rs 500 and Rs 1000 currency notes .

The home ministry has deputed three officials to be in touch with state governments to ensure security of banks, ATMs and cash transporting vehicles.
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The three officials are taking regular feedbacks from the Directors General of Police and the situation in respective states, a home ministry official said.

Banks across the country struggled to contain serpentine queues since early morning as millions of panicked consumers  scrambled to exchange banned currency or deposit them.

Two people died in separate incidents in Maharashtra and Kerala amid chaos and confusion for the second straight day with poor cash flow.
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There were no signs of immediate relief even as several cash-strapped people were told to go back after bank servers at several branches reportedly collapsed while several ATMs went dry in a few hours. People who were able to exchange the old currency could get hold of the new notes only after waiting for several hours. (PTI)

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