Big questions around demonetisation #4: How was your experience with banks and ATMs?
7 years, 4 months ago

Big questions around demonetisation #4: How was your experience with banks and ATMs?

Firstpost  

This is the fourth and final part in a series of big questions asked after the announcement of demonetisation on 8 November, 2016 Editor’s note: This is the fourth and final part in a series of big questions asked after the announcement of demonetisation on 8 November, 2016. You can read the responses to the first big question here, second big question here and third big question here. This formed the fourth question to be put forward to respondents across 23 states and over 400 Lok Sabha constituencies over the process of six waves. Wave 1: Second week of November Wave 2: Fourth week of November Wave 3: First week of December Wave 4: Third week of December Wave 5: Fourth week of December Wave 6: First week of November The findings are presented below: 4.

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After demonetization, people have been withdrawing larger amounts from ATMs
6 years, 11 months ago

After demonetization, people have been withdrawing larger amounts from ATMs

Live Mint  

Has there been too much withdrawn from automated teller machines? In fact, going by figure 1, it is likely to take a long time for the number of withdrawals from ATMs to hit pre-demonetization levels. In fact, as figure 2 shows, as soon as cash was widely available following demonetization, the average ATM withdrawal amount became higher than in the …

Big questions around demonetisation #3: How would you rate the quality of implementation?
7 years, 4 months ago

Big questions around demonetisation #3: How would you rate the quality of implementation?

Firstpost  

This is the third in a series of five big questions asked after the announcement of demonetisation on 8 November, 2016 Editor’s note: This is the third in a series of four big questions asked after the announcement of demonetisation on 8 November, 2016. One of the most widely-discussed and divisive aspects of demonetisation was the quality of implementation of …

Demonetisation: Non-functioning ATMs, angry people; we might be staring at a disaster
8 years, 4 months ago

Demonetisation: Non-functioning ATMs, angry people; we might be staring at a disaster

Firstpost  

Samudra manthan brought out amruta, the elixir of life. The harrowing faces of helpless citizens queuing up for hours, only to be denied, countless tales of the economically-disempowered working sections of the society offering a line of credit to their affluent clients, many anecdotes of the sick and infirm being turned away from hospitals, people collapsing due to exhaustion amid …

Demonetisation effect: ATMs go dry soon after opening, people rush to banks for cash
8 years, 4 months ago

Demonetisation effect: ATMs go dry soon after opening, people rush to banks for cash

India TV News  

Despite a two-day break for stocking up new currency notes, several cash vending machines across the country are still not functioning, forcing people to rush to bank for cash. ATMs, which reopened two days after Prime Minister Narendra Modi announced demonetisation of two biggest currency notes, had people queued up since early morning. This comes even as the government on …

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