In order to help residents of flood affected areas recover from the ongoing flood situation, banks in Tamil Nadu will be open on Sunday and also offer extended hours of operation.
According to a Finance Ministry statement, the government has asked banks to restore basic services and supply cash machines as early as possible or providing mobile ATMs if necessary.
On Saturday, the Reserve Bank of India also said it would remain open offering support in bank transactions and help in cash supplies.
Due to the catastrophic deluge many residents of Tamil Nadu were left without food, power and access to money as ATMs got dysfunctional electricity outages or lack of cash.
The city of Chennai which was marginally paralysed by a previous series of rainfall which lasted two weeks during the second half November was again hit by a second series of torrential rain from the start of this month leading to a situation when the Tamil Nadu government declared the city to be a disaster zone.
So far at least 450 people have died as a consequence of this 5-day-long rain.
However, life has started rolling back to normal for some as water levels receded on Saturday relief work continued with food packets, water, milk, blankets and other essentials were distributed around the city.
According to the state police, almost 90 percent of the rescue operations have been completed and thousands of food packets have been distributed at various shelters and flooded areas on Saturday.