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People wait outside a bank to withdraw money in New Delhi on Friday. (Photo: AP)

Delhi: Payday chaos returns to haunt people

Banks close within three hours as cash chest runs dry, minor scuffle in South Delhi.

3 Dec 2016 3:38 AM IST

Banks across the country have resorted to rationing of cash in order to handle the huge payday rush at branches. (Photo: PTI/File)

Note ban: Banks resort to rationing of cash on payday

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

1 Dec 2016 2:45 PM IST

Supplies to cash dispensers were down to a fifth of required levels, leading to both ATMs and banks running out of cash. (Photo: PTI/File)

Demonetisation: Banks cash-starved on first payday

One of the major reasons for the cash crunch was that not enough new notes of Rs 500 have been issued by RBI so far.

1 Dec 2016 9:46 AM IST