Pay Day Rush

With a large number of pilgrims paying a visit to Char Dham every day, the Uttarakhand's traffic has come to the standstill.

Some banks are disbursing only Rs 2,000 per person whilethose having better cash availability are offering Rs10,000-12,000 per withdrawal against specified limit of Rs24,000.

Some banks are disbursing only Rs 5,000 per person while those having better cash availability are offering Rs 10,000 or Rs 12,000 per withdrawal.

The first week of December is expected to see a rush among people to banks as salaries get credited to their accounts. Although banks usually see big crowds in the first week of every month, there have been serpentine queues across the country ever since the November 8 announcement on the ban of 500 and 1,000-rupee notes.

Pay Day is here and the Reserve Bank of India has assured the government that it is ready for higher withdrawals of cash in the next week, when most employers in the country pay salaries. All government presses are printing the new 500-rupee note to meet the massive demand for cash expected till December 7, the central bank has told the Finance Min...

With pay day knocking at the door, banks are preparing themselves to face the huge rush that is expected to hit their branches across the state.

With pay day knocking at the door, banks are preparing themselves to face the huge rush that is expected to hit their branches across the state.

With a large number of pilgrims paying a visit to Char Dham every day, the Uttarakhand's traffic has come to the standstill.

Some banks are disbursing only Rs 2,000 per person whilethose having better cash availability are offering Rs10,000-12,000 per withdrawal against specified limit of Rs24,000.

Some banks are disbursing only Rs 5,000 per person while those having better cash availability are offering Rs 10,000 or Rs 12,000 per withdrawal.

The first week of December is expected to see a rush among people to banks as salaries get credited to their accounts. Although banks usually see big crowds in the first week of every month, there have been serpentine queues across the country ever since the November 8 announcement on the ban of 500 and 1,000-rupee notes.

Pay Day is here and the Reserve Bank of India has assured the government that it is ready for higher withdrawals of cash in the next week, when most employers in the country pay salaries. All government presses are printing the new 500-rupee note to meet the massive demand for cash expected till December 7, the central bank has told the Finance Min...

With pay day knocking at the door, banks are preparing themselves to face the huge rush that is expected to hit their branches across the state.

With pay day knocking at the door, banks are preparing themselves to face the huge rush that is expected to hit their branches across the state.