Two deaths due to demonetization in Maharashtra and Kerala

Thalassery/Mumbai,Nov12:The scramble by millions of panicked consumers to exchange banned currency or deposit them turned tragic on Friday when two people died in separate incidents in Maharashtra and Kerala amid chaos and confusion for the second straight day with poor cash flow.

A 48-year old man, who came to deposit Rs five lakh worth scrapped high denomination notes in a bank in Thalassery in Kerala, died after he fell down from the second floor of a building. Unni, a Kerala State Electricity Board employee, was filling the necessary forms to deposit the amount in the State Bank of Travancore’s branch, located in the first floor, when the mishap occurred, they said quoting preliminary information. He was unsuccessful to deposit the notes on Thursday, thus he came to the bank again this morning. Running out of money for the last two days, men and women across the country had thronged the ATMs since early morning, while in many places people were greeted with disappointment when they found the machines not working.

Vishwanath Vartak, 73, who was standing in the queue before an SBI branch for exchanging currency, collapsed and died on the spot at Navghar in Mulund in eastern suburbs, police said. Vartak had been standing for hours in the queue to exchange Rs.1000 and Rs.500 denomination notes. Though he was rushed to hospital by some people who saw him collapse, he was declared dead before admission, police said.

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