General

Amid Cash Crunch, a Man gets Rs 20,000 Currency in 10-Rupee Coins from a Delhi Bank

Author : NewsGram Desk

New Delhi, November 19, 2016: A PR professional, Imtiaz Alam after standing in the bank queue for four hours, his pockets finally got heavy, literally. The bank gave him Rs. 20,000 in 10 rupee coins, according to NDTV report.

NewsGram brings to you latest new stories in India

Mr Alam, on Friday, stood in line for four hours outside the Jamia Cooperative Bank to exchange his Rs. 500 and 1,000 notes. He was told by the manager that the funds were not sufficient and that he could only exchange Rs. 2,000. After Mr Alam explained to the manager that a larger amount is needed, he finally agreed, but said, he will get all money in 10 rupee coins.

[bctt tweet="Man gets Rs 20,000 Currency in 10-Rupee Coins from Bank" username=""]

Go to NewsGram and check out news related to political current issues

"Though I was concerned on how to carry it (the bag full of coins) but I gladly agreed… at least it is valid money,' Mr Alam said.

Coins. Pixabay

Mr Alam already used some of the coins for cab fares and restaurant bills.

The demonetization move was announced suddenly by Prime Minister Narendra Modi on November 8 in order to fight against black money and counterfeit notes.

Look for latest news from India in NewsGram

In the past 10 days, the government made several additional announcements to ease the crisis for people.

by NewsGram team

Subscribe to our channels on YouTube and WhatsApp

Download our app on Play Store

Assembly Elections 2026 Results LIVE: BJP Wins West Bengal, Assam, Puducherry; UDF+ Wins Keralam and TVK Emerges as Biggest Party in Tamil Nadu

India among countries with comprehensive national framework for rare diseases: Govt

Rubio Heads To Rome, Vatican As Iran War Strains US Ties With Europe

How Predictive Maintenance Is Powering the Future of Smart Industry

Amid Project Freedom ruckus, Trump says he will ‘blow Iran off the face of the Earth’