New Rs500 notes still scarce in city

Hyderabad: New Rs 500 notes continue to be elusive in banks and ATMs across the city even as sankrantri approaches.

Citizens and traders in the city are suffering because of the lack of smaller denomination notes while banks remain clueless about supply. Last week there was a good supply of Rs 500 and Rs 100 notes, but now we are running short, a manager of a public bank sector said.