Be patient and exchange notes at your convenience, says RBI

“There is enough cash available with banks and all arrangements have been made to reach currency all over the country,” the central bank said in a statement.

People queue up outside one of the few working ATMs in Chennai on Friday. Photo: S.R. Raghunathan

The Reserve Bank of India has urged people to be patient and exchange notes at their convenience as there are enough cash available with banks,

“There is enough cash available with banks and all arrangements have been made to reach currency all over the country. Bank branches have already started exchanging notes since November 10,” the central bank said in a statement.

Several ATMs have started functioning from Friday morning and it it may take a while for banks to recalibrate all their ATMs, it said.