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Situation normal in Banks: People happy to have new Rs.2000/-
TIWN Nov 14, 2016
Situation normal in Banks: People happy to have new Rs.2000/-
PHOTO : New notes received from banks at Agartala. TIWN Pic Nov 14

BELONIA / AGARTALA, Nov 14 (TIWN): People of south Tripura are happy having new Rs.2000/- in different Banks. There is no such long queue this morning.

On the other hand authority of Reserve Bank of India announced that Rs.500 and Rs.1000 will be accepted up to mid-night till November 14 by Government Hospitals, Medicine shops, Petrol pumps and other Government authorities. Earlier the authority declared the limitation of acceptance of demonetized notes was up to mid night on November 11.

Sources said that above mentioned authorities are misguiding the consumers since the day of announcement. TSECL / BSNL authority stopped acceptance of Rs. 500 and Rs.1000 notes since the day of announcement. The medicine shops stopped acceptance of demonetized notes from November 11 although they accepted the currencies till November 10.

At the same time Post Offices are not accepting the notes for permanent and temporary savings although they are accepting the notes for savings accounts. Sources said that SBI authority are not exchanging more than Rs.2000 per day at present whereas they provided exchange of Rs.4000 during first two days. Besides common people of Belonia/Santirbazar/Sabroom are facing lots of crisis as ATMs remained out of order till today.

On the other hand State Government has no initiative to implement the instruction of the Central Government. Post Offices are not providing exchange of more than Rs. 1000 when banks are giving exchange up to Rs.2000.

In Sabroom consumers received little amount of withdrawal whereas crores of fund received by 15 banks of the subdivision. Local people are facing lot of trouble in business transactions and to pay the electric bill. Lead bank UBI provided withdrawal Rs.2000 to each consumer today. On the other hand SBI, Tripura State Cooperative Bank, Gramin Bank, UCO Bank provided coins packs to the consumers as withdrawal amount. None of the bank authorities provided exchange of demonetized Rs.500 and Rs.1000 notes during last few days.

On the other hand a section of smugglers and agents started illegal trading of exchange at remote areas taking the chance of weakness of the banks. The agents are accepting Rs.1000 notes and providing Rs.900 in exchange of each Rs.1000 note. 


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