Some leading private banks started sending their staff to the premises of MNCs in the Business district and Hi-Tech city to disburse cash to the employees. “They come to our premises with micro ATMs, load the machine with cash, give tokens and disburse Rs.2,000 to Rs.2,500, some currency in the coveted Rs.100 notes each day. It helps as employees do not have to waste time standing in queues before banks for getting cash,” said an MNC executive.
As there is not enough cash being dispensed, employees take turns to take the cash, he added.