<p>The discontinuation of cash exchange had a visible effect on the first day as crowds became smaller at banks across Bengaluru. While some oblivious people did turn up at banks to swap the scrapped notes, the majority of visitors wanted to deposit the old bills. <br /><br /></p>.<p>At State Bank of Mysore, Cunningham Road branch, just 50-60 people turned up till noon to deposit the old notes. “Compared to the last few days, the queue has shortened,” said Sonal Negi, a bank employee. <br /><br />Canara Bank at Byatarayanapura, Indian Bank at New Timber Layout, Axis Bank at Vasanthnagar and Canara Bank on Wheeler Road had moderate queues with people lining up as early as 9 am, mostly to deposit the old Rs 500 and Rs 1,000 notes. A staffer at a leading bank in RT Nagar said that though people had queued up since morning, the crowd was manageable and the situation had eased by noon. <br /><br />Post offices, too, had fewer visitors. Most of the people came for postal services or to deposit cash. The Arabic College Post Office near Nagawara, which had long queues over the last two weeks, had just 30 visitors on Friday. Most of them wanted to deposit the old notes. Some were unaware about the discontinuation of cash exchange and appeared disappointed. Farooq Ahmed, a resident of Nagawara, said, “I have a wad of old notes which I do not know how to swap. The government should have given more time for cash exchange.” <br /><br />With banks stopping the exchange of old currency, many ATMs ran out of cash by as early as noon. A few ATMs at Sunkadakatte, Kempegowda Nagar, HBR Layout, Cunningham Road, Jayanagar 4th Block among other places remained closed on Friday. Kiran J, a resident of Kempegowda Nagar, said the ATMs of Canara Bank and Axis Bank in his locality hadn’t opened since November 9. <br /></p>
<p>The discontinuation of cash exchange had a visible effect on the first day as crowds became smaller at banks across Bengaluru. While some oblivious people did turn up at banks to swap the scrapped notes, the majority of visitors wanted to deposit the old bills. <br /><br /></p>.<p>At State Bank of Mysore, Cunningham Road branch, just 50-60 people turned up till noon to deposit the old notes. “Compared to the last few days, the queue has shortened,” said Sonal Negi, a bank employee. <br /><br />Canara Bank at Byatarayanapura, Indian Bank at New Timber Layout, Axis Bank at Vasanthnagar and Canara Bank on Wheeler Road had moderate queues with people lining up as early as 9 am, mostly to deposit the old Rs 500 and Rs 1,000 notes. A staffer at a leading bank in RT Nagar said that though people had queued up since morning, the crowd was manageable and the situation had eased by noon. <br /><br />Post offices, too, had fewer visitors. Most of the people came for postal services or to deposit cash. The Arabic College Post Office near Nagawara, which had long queues over the last two weeks, had just 30 visitors on Friday. Most of them wanted to deposit the old notes. Some were unaware about the discontinuation of cash exchange and appeared disappointed. Farooq Ahmed, a resident of Nagawara, said, “I have a wad of old notes which I do not know how to swap. The government should have given more time for cash exchange.” <br /><br />With banks stopping the exchange of old currency, many ATMs ran out of cash by as early as noon. A few ATMs at Sunkadakatte, Kempegowda Nagar, HBR Layout, Cunningham Road, Jayanagar 4th Block among other places remained closed on Friday. Kiran J, a resident of Kempegowda Nagar, said the ATMs of Canara Bank and Axis Bank in his locality hadn’t opened since November 9. <br /></p>
