Cash-starved at their wits’ end

Cash-starved at their wits’ end
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Highlights

The three-day holiday for banks from Saturday is sending jitters and nightmares to the people, especially the poor and middle class besides the aged pensioners, who are already reeling under innumerable hardships and untold agony for the past one month for want of required cash for their daily needs. 

THREE-DAY BANK HOLIDAY

Hyderabad: The three-day holiday for banks from Saturday is sending jitters and nightmares to the people, especially the poor and middle class besides the aged pensioners, who are already reeling under innumerable hardships and untold agony for the past one month for want of required cash for their daily needs.

While there seems to be no relief for people from the cash crunch following demonetisation of big notes, the closure of banks for the next three days from tomorrow is expected to add more pressure on people. The banks will be observing holidays because of it being second Saturday, the next day being Sunday and Monday being Milad-Un-Nabi.

Though long queues before banks, which continue to claim less cash availability and most of the ATMs continue remain shut has become a regular feature these days people in hordes made a beeline to the banks in view of the three-day holiday for banks.

What is intriguing is that despite the banks being closed for the next three days the authorities seem to have taken no extra measures to ensure that whatever little amount that could be disbursed for daily needs was made available to the people.

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