Note ban has led to 'financial chaos', say bank unions

Two leading bank unions today criticised the government over demonetisation of Rs 500 and Rs 1,000 notes, saying the move has led to "financial chaos" across the country.    Financial Astrology



In a letter to Indian Banks' Association (IBA), All India Bank Officers' Association (AIBOA) and All India Bank Employees Association (AIBEA) said the decision to withdraw the high-value notes was taken without proper planning or preparation.

They also highlighted heavy work pressure on employees and officers at bank branches in the wake of demonetisation which has led to customers rushing to exchange the now defunct notes.   Future & Option Trading Tips



"Chaotic situation is prevailing at the bank branches and this is unbearable for both customers as well as bank employees and officers," S Nagarajan, General Secretary of AIBOA, and C H Venkatachalam, his counterpart at AIBEA, said in the letter to IBA.   Astrology and Numerology Trading Tips



There is a huge shortage of Rs 100 notes which are now in great demand for routine needs, while most customers are not willing to accept the new Rs 2,000 bill, they said."    Stock Market Astrology