oppn parties Bank Staff: The Real Heroes of Implementing Demonetization

News Snippets

  • Supreme Court questions the continuing relevance of two-child norms. The Court observed that falling fertility rates have weakened the population-control rationale behind laws disqualifying people with more than two children from contesting local body elections. It referred the issue to a larger Bench for consideration
  • Supreme Court declines to shift Tirupati laddu case outside Andhra Pradesh. The Court rejected a plea seeking transfer of the trial, despite arguments that political statements by Andhra Pradesh's Chief Minister and Deputy Chief Minister could affect the fairness of proceedings
  • Supreme Court transfers Azam Khan's fresh ED bail plea to Allahabad High Court. The apex court declined to consider the Samajwadi Party leader's bail request in a fresh Enforcement Directorate case and directed that it be listed before a division Bench of the High Court on November 16
  • Two killed in Delhi building collapse; contractor booked. Two bodies were recovered after a building collapsed in Chawri Bazaar. Delhi Chief Minister Rekha Gupta said the contractor had been booked and the concerned junior and assistant engineers suspended
  • Uttar Pradesh voter rolls show a 2.4-crore discrepancy. A difference of approximately 2.4 crore names has been reported between the state's panchayat and rural Assembly voter lists. The Election Commission has ordered the two sets of rolls to be matched
  • Gujarat announces 3% dearness allowance hike. The state government announced a three-percentage-point increase in dearness allowance for government employees and pensioners ahead of Diwali
  • Sensex and Nifty post their strongest single-day gains in months. The Sensex surged 2,008.61 points, or 2.60%, to close at 79,310.01, while the Nifty 50 climbed 576 points, or 2.40%, to 24,536.60. Financial and automobile stocks led the rally, supported by falling crude prices and renewed foreign investor buying
  • Maaya Rajeshwaran reaches WTA-level quarter-final. The 17-year-old Indian defeated Poland's Weronika Falkowska 6-4, 6-3, becoming the first Indian woman since Sania Mirza in 2012 to reach a quarter-final at a WTA Tour-level singles event
  • Tanvi Patri reaches Youth Olympics badminton final. The 15-year-old defeated Japan's Yuzuno Watanabe in the semi-final, assuring India of a medal and becoming the first Indian badminton player to reach the girls' singles final at the Youth Olympics
  • India beat Pakistan 3-2 in SAFF Championship. India defeated Pakistan in a closely contested match, having led 3-0 before conceding two late goals. The victory was reported as a significant result for India's second-string side
  • India beat Japan 4-1 to win a record sixth Asian Champions Trophy. India recovered from an early deficit to defeat Japan in the final at Mohali, extending its record as the tournament's most successful men's team
  • The Supreme Court issued notice to the Centre and the Election Commission on a petition challenging Section 16 of the Chief Election Commissioner and Other Election Commissioners Act, 2023, which grants the CEC and Election Commissioners protection from legal proceedings for acts performed in their official duties. The petition argues that such blanket immunity could leave citizens without an effective remedy for alleged wrongdoing by the Commission
  • The Supreme Court told voters whose names were deleted from Delhi's draft electoral rolls not to be apprehensive about seeking re-enrolment through Form 6, after the Election Commission assured it that such applicants would not be prosecuted merely because their names had appeared in earlier rolls
  • Congress leader Rahul Gandhi opened the party's campaign for the 2027 Punjab Assembly elections with an Insaaf rally in Sangrur, Chief Minister Bhagwant Mann's home district, accusing the AAP government of failing to control drugs, gangster violence and corruption. Congress president Mallikarjun Kharge outlined six commitments, including a drug-free Punjab, protection of farmers, employment for young people and action against corruption
  • Rahul Gandhi accused the AAP government of running Punjab through a remote control from Delhi and questioned Bhagwant Mann's ability to tackle drug abuse, making personal allegations about the Chief Minister's conduct during their time together in Parliament
Stock markets on fire due to US results, Sensex gains 2008 points to reach its highest level in 8 months
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Bank Staff: The Real Heroes of Implementing Demonetization

By Sunil Garodia
First publised on 2016-11-18 21:31:59

About the Author

Sunil Garodia Editor-in-Chief of indiacommentary.com. Current Affairs analyst and political commentator. Author of Cyber Scams in India, Digital Arrest, The Money Trap and The Human Hack
In our worries about paucity of cash to buy daily necessities and queuing up to procure the same, let us not forget the yeoman’s service being rendered to the nation and its people by the army of bank staff. Bankers nationwide have been under immense stress since the gates were opened to the public on November 10, post demonetization. Apart from the extraordinary surge in transactions and contact with an angry and confused sea of people, the working hours have been extended – sometimes the backend operations after closure of public business has extended late into the night, what with disposing off old currency and tallying all transactions.

The biggest scare is for those who are handling the inflow of old currency notes. It is not a secret that currency notes are one of the most contaminated and germ-infested things we handle on a daily basis. The very fact that they pass through so many hands, are stored in so many places and are recklessly handled by almost everyone makes them extremely dangerous for health. In the present case, the danger has been multiplied due to the fact that a part of what is being deposited in bank accounts now was hidden for years in assorted places, packed in various ways. A Facebook post by a banker testifying to the fact that they had to use masks to avoid the disgusting stench that these currency notes were emitting has already gone viral. It is either because banking staff who are handling cash are taking extra precautions to remain uninfected or it is a miracle that we have not heard of an outbreak of skin and other diseases among them till now.

Then there is the case of stress. The work related stress is often bearable. What is not is the interaction with an unending stream of new faces, all tired (from waiting in queues), thirsty and hungry, angry, confused and concerned about their money. Most such people have a short fuse and the bank staff has been handling the situation most diplomatically and with great efficiency to prevent flare-ups. Coupled with this is the change in rules every single day. Explaining to the people why they could withdraw Rs 4500 till yesterday and only Rs 2000 today is an extremely difficult task, but the bank staff has been handling the situation admirably.

So, salute this army. Next time you visit the bank, spare a thought for all this and treat your bank teller with added respect. He or she is bearing this extreme stress only to provide you a service that is not part of their usual duty. If they can be so efficient and cheerful under the circumstances, the least you can do to repay them is to show some gratitude. Do not be rough with them and always greet them with a smile. You will be surprised how that will put them at ease. Perhaps if they find even 10 grateful customers each day, they will sleep well and will be able to bear the stress better. Remember, they have to cope with this daily till December 30.