Queues were seen outside many banks and a limited number of ATMs which were dispensing cash, as people lined up to take out some money to meet their start-of-month commitments. As toll booths resumed their operations from 12 am on Saturday long queues were seen on all the toll plazas.
Long queues were seen at banks and ATMs in Hyderabad, Warangal and other towns in Telangana. The situation was no different in Vijayawada, Visakhapatnam and other towns in neighbouring Andhra Pradesh.
"The PM's time out for 50 days might ease the liquidity crisis at individual's hands, but it won't solve many other problems," Chidambaram said.