Cash crunch fallout: RBI disbursed coins on Saturday

coins

Ahmadabad, November 13: Whatever advisories or statements are being circulated to quash the shortage of the currency, the reality surfaces over all!

On Saturday the Reserve Bank of India (RBI) fell short of cash. Reportedly the apex bank’s Ahmadabad office gave out coins in exchange of old currency notes. After it ran out of all the coins and smaller denomination notes, officials closed their doors to citizens at 3.30pm.

“I came to exchange invalid notes worth Rs 4,000. I got the entire sum in Rs 10 coins, in two polybags,” said a surprised Hanif Mohammad Shaikh, a tailor from Shahpur.

“My brother came yesterday to exchange notes, but there was too much rush. I stood in line all day but the cash ran out before my turn. What are poor people like us to do,” said a daily wager.

Read More: RBI issues advisory to not withdraw again

Wefornews Bureau

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