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Serpentine queues in front of treasuries, banks in state

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Serpentine queues in front of treasuries, banks in state
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Thiruvananthapuram: Serpentine queues were seen in front of state treasuries and banks -- with the ATMs seeing less of a crowd -- across Kerala on Thursday, the first salary and pensions day after the demonetisation of high-value currency notes.

With ATMs having a ceiling of Rs 2,500, the withdrawal limit in treasuries and banks has been fixed at Rs 24,000 a week and hence the rush was less at ATMs.

As a matter of abundant caution, additional police force was deployed in front of several banks and treasuries across the state.

In Kerala's commercial capital Kochi, the scene was much the same with people -- mostly pensioners -- queuing up before the treasuries and banks.

"We are told that the treasury will have extended working hours and will function till 6 p.m. Even though I and several others are suffering on account of (Prime Minister Narendra) Modi's new directives, I fully endorse this scheme and we wish things will be better in the days and weeks and months to come," said a pensioner waiting patiently for his turn to withdraw money.

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