They attributed the delay to the technical changes that have to be made for dispensing new notes. The banks are also yet to receive new Rs 500 and Rs 2,000 currency notes to be loaded in the ATMs.
The agencies which operate the ATMs said demonetized notes of Rs 500 and Rs 1,000 were yet to be removed from 40 percent of the ATMs.
There was utter chaos at all the branches of the banks, especially public sector banks, for a second consecutive day on Friday. Serpentine queues were seen everywhere.
People lined up since morning to either exchange the demonetized notes with new ones or deposit them. With people parking their vehicles around the banks, it led to traffic problems at some places.
Bank authorities and police had a tough time controlling the crowds.
“I am waiting for two hours to exchange the notes,” said Sudhakar Rao, a customer at State Bank of India branch at Sheikhpet.
The situation was same as other public sector and even private banks. With no change in hands to buy the essentials, people thronged the banks even before they opened for transactions.