Luckily, I haven't seen this kind of situation in our country, I will just a long line in cases wherein the government will have it's sort of stimulus package, but usually though, some transactions are being done online already.

So I don't think that they are losing faith in the centralised organisation like banks. Maybe the withdrawals is meant to have cash on hand. Yes, cashless is here, but majority still prefer to be paid in cash in markets in buying foods.