This Man Managed To Get ₹20,000 From A Delhi Bank But In ₹10 Coins All Thanks To Cash-Crunch

Admin 19-Nov-2016 14:16:48 Inothernews

This Man Managed To Get ₹20,000 From A Delhi Bank But In ₹10 Coins All Thanks To Cash-Crunch


The current cash-crunch has hit India hard. The demand for the new currency notes has far exceeded the supply. As a result, long queues outside banks and ATMs have become a common sighting.



Imtiaz Alam, a public relations professional, was given the coins because the bank was running low on cash. The money he got, weighed 15 kgs.

The ATM at the bank has not functioned even once since demonetisation came into effect. The bank too is perpetually low on cash, I went to the manager and requested him to do something. He said they were receiving very little cash from RBI. I was persistent and then he asked if I am okay with Rs 20000 in Rs 10 coins and no notes. I agreed. In 15 minutes, they gave me the coins. I kept them in a bag, put it on my shoulder and walked out

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