Demonetisation effect: Public swarm banks

Following the demonetisation of high denomination currency notes as an initiative by the Centre to curb corruption, banks remained closed on Wednesday to stock up on fresh currency notes. People across the county swarm banks on Thursday to have their defunct currency exchanged.

After the demonetisation of high value currency from Tuesday midnight, people queue up outside a bank in Kumara Park West, Bengaluru on Thursday to exchange them for fresh currency.(Manjunath S |EPS) 

After being closed on Wednesday, banks will also be open during this weekend to cater to the public. A scene outside a bank in Madurai. ( Sundar K. K. | EPS)

A woman with a wad of the defunct high denomination currency notes in Madurai. (Sundar K. K. | EPS)

The new currency notes of denomination 500, 1000 and 2000 will be available in ATMs also for withdrawal. A serpentine queue outside the Reserve Bank in Delhi. ( Shekhar Yadav | EPS)

People throng a bank in Kozhikode on Thursday morning. (Sanesh A. | EPS)

As withdrawal from ATMs has been currently capped at Rs. 2000 a day, people are left with little choice but to throng banks, like this one in Chennai. ( Sunish P. Surendran | EPS)

People wait outside the RBI in Thiruvananthapuram on Thursday. ( Deepu B.P. | EPS)

People with the old,high denomination currency notes at a bank in Mysuru. ( Udayshankar S. | EPS)

Foreigners at an exchange, albeit to exchange defunct notes in Mysuru. ( Udayshankar S. | EPS)

The new Rs. 2000 note carries a motif of Mangalyaan satellite on the reverse of the note. A man shows the new currency in Kozhikode. ( Sanesh A. | EPS)

People take selfies with the new currency in Kozhikode. ( Sanesh A. | EPS)