The crowds at Kamala Mills Compound, Lower Parel were skeletal on Friday, a day after salaries were credited. Partly, because many were aware after many days of standing in queues at ATMs and outside banks that they got less than what they requested from banks and that by the time they reached the ATMs, there was no cash available.
Three banks in the Kamala Mills Compound – HDFC, ICICI bank and State Bank of Bikaner & Jaipur – had a few customers who came with the expectation of getting limited money only. “I am standing here for half an hour only but have been coming here daily to the ICICI bank ATM only to return empty-handed. I am told here by people standing in the queue that the bank may only give us Rs 10,000 against withdrawals,” said a trader who is into the book binding business.
Twenty four days after demonetisation announcement on 8 November by PM Modi, the public has come to terms with the cash crunch situation. However, their patience was wearing thin as Firstpost found out from customers standing in queues to withdraw their salaries. A trader remarked exasperatedly: It is enough now. Let the government print more notes to tide over the cash crisis and save us from the agony we are going through by their decision."