All the branches of all banks, private and public sector in the Mylapore neighbourhood remained closed today. Most did not even have a notice to inform clients of the closure.
People though know why – they will have to prepare for the financial system changes that the central government made on Tuesday night – demonetising the Rs.500 and Rs.1000 currency notes.
The ATMs of the banks also remained closed.
Many people had accessed the ATMs to grab Rs.100 currency as soon as the policy change news spread.
Today, many stores and petrol bunks did accept Rs.500 notes.
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