Summary:
As the 50-day window to deposit scrapped higher denomination notes in banks ended today, less rush was witnessed at various city banks. Juhu-based entrepreneur Sunil Sharma said panic among people during the initial days (of demonetisation) had led customers rushing to banks and deposit their money. A senior executive with a private sector bank said only few people visited their branch in South Mumbai today on the last day of depositing old Rs 500 and Rs 1,000 notes as compared to the initial days of demonetisation. “Situation from last one week is just like any other regular day at the bank,” he said. Dhulia said three ATMs in the vicinity of his house have been functioning intermittently in the last one month..