SHILLONG: The chaos over cash following the Centre’s demonetisation is finally subsiding in the city but worries linger over ATMs dispensing higher denomination notes.
Many ATMs are dispensing only the new Rs 2,000 notes which have not many takers since getting change for the currency in the market is a concern owing to the shortage of Rs 100 notes.
This may be one of the reasons why the queues in front of ATMS are getting shorter by the day and the number of people lining at the banks is slowly decreasing.
An official at State Bank of India said the situation is almost under control in Shillong even as he added that most of the ATMs in the town have been calibrated for giving out Rs 2,000 notes.
The SBI official also informed that the bank is now concentrating on rural areas like parts of Garo Hills and Jaintia Hills where people need more banking facilities even as the official sounded confident that the situation in the entire state will become normal within a few weeks.
The city banks are yet to receive the new Rs 500 notes.
Earlier, Chief Minister Mukul Sangma had indicated that Rs 500 would be available in the North East region only by the end of November.