Why Are ATMs Running Out of Cash? No, It Isn’t Only High Demand

8 years, 4 months ago

Why Are ATMs Running Out of Cash? No, It Isn’t Only High Demand

The government’s “surgical strike” on black money has lead to massive public inconvenience. The Reserve Bank of India said that 4000 currency chests across the country have enough stock of cash. The Quint visited SIS Cash Services, the cash logistics service provider to Delhi, NCR. The ban on 500 and 1000 rupee notes has left three of these ATM drawers useless. According to our Finance Minister, recalibrating ATMs for new currency notes will take two-three weeks.

Atm Cash

Why your ATMs may be running out of cash

1 month ago

Why your ATMs may be running out of cash

India

Are Indian banks phasing out ATMs?

5 months ago

Are Indian banks phasing out ATMs?

India

ATM supremacy in a cashless economy

1 year, 10 months ago

ATM supremacy in a cashless economy

India

Rs 2,000 note becomes rarity, small denominations take over

2 years, 11 months ago

Rs 2,000 note becomes rarity, small denominations take over

Deccan Chronicle

Bank

No Plan To Withdraw Rs 2,000 Notes: Minister of State for Finance Anurag Thakur

5 years ago

No Plan To Withdraw Rs 2,000 Notes: Minister of State for Finance Anurag Thakur

Notes

ATMs starts dispensing more of ₹500 instead of ₹2,000

5 years, 1 month ago

ATMs starts dispensing more of ₹500 instead of ₹2,000

Bank

India records decline of 597 ATMs this year; cash withdrawal ratio falls to lowest: RBI report

5 years, 10 months ago

India records decline of 597 ATMs this year; cash withdrawal ratio falls to lowest: RBI report

India

Opinion | The slow suffocation of ATMs in the country

5 years, 10 months ago

Opinion | The slow suffocation of ATMs in the country

India

Why number of ATMs is going down in India?

5 years, 10 months ago

Why number of ATMs is going down in India?

India

Half of ATMs may be shut down by March

6 years, 4 months ago

Half of ATMs may be shut down by March

Atm

Cash transactions up after demonetisation but India’s ATM network far from adequate

6 years, 6 months ago

Cash transactions up after demonetisation but India’s ATM network far from adequate

India

Dry ATMs: Why the banks are getting the runs

6 years, 11 months ago

Dry ATMs: Why the banks are getting the runs

Deccan Chronicle

India

ATMs run dry: RBI governor Urjit Patel should quit, demands bank union

6 years, 11 months ago

ATMs run dry: RBI governor Urjit Patel should quit, demands bank union

Bank

Cash is still king: On ATMs running dry

6 years, 11 months ago

Cash is still king: On ATMs running dry

Cash

ATM cash withdrawals rose sharply in Oct-Mar period: SBI

6 years, 11 months ago

ATM cash withdrawals rose sharply in Oct-Mar period: SBI

Report

Cash crunch: Despite govt-RBI claims, SBI Research pegs currency shortage at Rs 70,000 cr

6 years, 11 months ago

Cash crunch: Despite govt-RBI claims, SBI Research pegs currency shortage at Rs 70,000 cr

Bank

'Cash availability at ATMs improving', banks rebuff claims of 'crisis'

6 years, 11 months ago

'Cash availability at ATMs improving', banks rebuff claims of 'crisis'

Bank

ATMs go dry across nation; govt says no currency shortage; RBI cites logistical issues

6 years, 11 months ago

ATMs go dry across nation; govt says no currency shortage; RBI cites logistical issues

Karnataka

ATMs run dry: Lessons learnt from demonetisation seem to be forgotten as cash becomes king again

6 years, 11 months ago

ATMs run dry: Lessons learnt from demonetisation seem to be forgotten as cash becomes king again

Indian

Government attempts damage control as ATMs run dry

6 years, 11 months ago

Government attempts damage control as ATMs run dry

Delhi

Cash crunch: Govt goes into firefighting mode as ATMs run dry across country, Opposition dubs it 'financial emergency'

6 years, 11 months ago

Cash crunch: Govt goes into firefighting mode as ATMs run dry across country, Opposition dubs it 'financial emergency'

Currency Notes

Banks stingy with cash, says ATM industry

6 years, 11 months ago

Banks stingy with cash, says ATM industry

Public Sector Banks

Cash crunch: RBI says there's no currency shortage; vaults and currency chests are well-stocked

6 years, 11 months ago

Cash crunch: RBI says there's no currency shortage; vaults and currency chests are well-stocked

Currency

No cash in ATMs: Government to up printing of Rs 500 notes to tackle crunch

6 years, 11 months ago

No cash in ATMs: Government to up printing of Rs 500 notes to tackle crunch

Currency

ATMs go dry nationwide: Why the biggest cash hoarders - political parties and RBI - owe answers for crunch

6 years, 11 months ago

ATMs go dry nationwide: Why the biggest cash hoarders - political parties and RBI - owe answers for crunch

Political Parties

ATMs running out of cash remind me of demonetisation days: Mamata Banerjee

6 years, 11 months ago

ATMs running out of cash remind me of demonetisation days: Mamata Banerjee

Mamata Banerjee

Cash crunch: There is more than adequate currency in circulation, says FM Arun Jaitley

6 years, 11 months ago

Cash crunch: There is more than adequate currency in circulation, says FM Arun Jaitley

Currency

Soon, you will get new Rs 200 notes in ATMs as RBI asks banks to recalibrate cash machines

7 years, 3 months ago

Soon, you will get new Rs 200 notes in ATMs as RBI asks banks to recalibrate cash machines

Currency Notes

Demonetisation impact: Will cash continue to be king or will digital innovation take over?

7 years, 5 months ago

Demonetisation impact: Will cash continue to be king or will digital innovation take over?

India

You may not get Rs 200 notes from ATMs for another 3 months as recalibration not yet done

7 years, 7 months ago

You may not get Rs 200 notes from ATMs for another 3 months as recalibration not yet done

India

ATMs run dry: With cash withdrawals at pre-demonetisation levels, is Modi's digitisation drive facing hurdle?

7 years, 11 months ago

ATMs run dry: With cash withdrawals at pre-demonetisation levels, is Modi's digitisation drive facing hurdle?

Digital

All cash withdrawal limits removed by RBI

8 years, 1 month ago

All cash withdrawal limits removed by RBI

India

After payday, one-third of ATMs running dry in Hyderabad

8 years, 2 months ago

After payday, one-third of ATMs running dry in Hyderabad

Deccan Chronicle

Rbi

Demonetisation: Growth of digital money in India could lead to a decline in ATMs

8 years, 2 months ago

Demonetisation: Growth of digital money in India could lead to a decline in ATMs

India

RBI raises ATM withdrawal limit to Rs.10,000 per day.

8 years, 2 months ago

RBI raises ATM withdrawal limit to Rs.10,000 per day.

Current Account

RBI raises ATM withdrawal limit to Rs.10,000 per day.

8 years, 2 months ago

RBI raises ATM withdrawal limit to Rs.10,000 per day.

Current Account

Demonetisation: RBI raises daily ATM withdrawal limit to Rs 10,000 per card from Rs 4,500

8 years, 2 months ago

Demonetisation: RBI raises daily ATM withdrawal limit to Rs 10,000 per card from Rs 4,500

Bank

RBI increases cash withdrawal limit at ATMs to Rs10,000 per day

8 years, 2 months ago

RBI increases cash withdrawal limit at ATMs to Rs10,000 per day

Rbi

Exclusive: RBI is lying; it is awfully short of cash, says former SBI head Pratip Chaudhuri

8 years, 2 months ago

Exclusive: RBI is lying; it is awfully short of cash, says former SBI head Pratip Chaudhuri

India

India currency chaos continues as limits put on cash machines amid panic over withdrawal of high value rupee notes

8 years, 3 months ago

India currency chaos continues as limits put on cash machines amid panic over withdrawal of high value rupee notes

The Independent

India

Demonetisation: Rs 4,500 per day ATM limit is of little help when 2/3 machines run dry

8 years, 3 months ago

Demonetisation: Rs 4,500 per day ATM limit is of little help when 2/3 machines run dry

Rbi

Demonetisation: Withdrawal limit from ATM hiked to Rs 4,500 per day from 1 January

8 years, 3 months ago

Demonetisation: Withdrawal limit from ATM hiked to Rs 4,500 per day from 1 January

Rbi

Demonetisation: ATM recalibration is complete, but it's not going to help if there isn't enough cash

8 years, 3 months ago

Demonetisation: ATM recalibration is complete, but it's not going to help if there isn't enough cash

Demonetisation

Shorter queues at banks in Indore, but ATM woes remain

8 years, 3 months ago

Shorter queues at banks in Indore, but ATM woes remain

Hindustan Times

Bank

In the time of demonetisation, it is the small change that comes to the rescue

8 years, 4 months ago

In the time of demonetisation, it is the small change that comes to the rescue

Change

Cash crunch may escalate during three-day bank holiday

8 years, 4 months ago

Cash crunch may escalate during three-day bank holiday

Bank

In cashless world, ATMs would be of no use at all

8 years, 4 months ago

In cashless world, ATMs would be of no use at all

Deccan Chronicle

Atms

People hoarding cash, deposits in new notes negligible, say besieged banks

8 years, 4 months ago

People hoarding cash, deposits in new notes negligible, say besieged banks

Hindustan Times

Delhi

India’s cashless push could hit ATM business in coming years

8 years, 4 months ago

India’s cashless push could hit ATM business in coming years

India

RBI ramps up cash supply by four times to meet pay day rush: Report

8 years, 4 months ago

RBI ramps up cash supply by four times to meet pay day rush: Report

Rbi

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Time to pull out wallets, UPI ditches users again

2 days, 3 hours ago

Time to pull out wallets, UPI ditches users again

Hyderabad:It was time to people to pull out their wallets or head to the nearest ATM yet again on Saturday, when the Unified Payments Interface failed for several hours from …

Deccan Chronicle

India Hyderabad Pay Upi

Neravy residents seek additional ATM to ease cash access issues

6 days, 22 hours ago

Neravy residents seek additional ATM to ease cash access issues

Residents of Neravy Commune in Karaikal district have raised concern over limited access to banks and have urged the authorities to install an additional ATM to address frequent cash shortages. …

Atm Neravy Branch

Indian bonds rally on central banks surprise debt purchase plan

1 week, 4 days ago

Indian bonds rally on central banks surprise debt purchase plan

MUMBAI, April 2 - Indian government bonds surged on Wednesday as investors welcomed the central bank's debt purchase plan for April, with the 10-year yield closing at a more than …

India Rbi

Most Rs 2000 Notes Back In Banks, Rs 6,366 Crore Still Held By Public: RBI

1 week, 5 days ago

Most Rs 2000 Notes Back In Banks, Rs 6,366 Crore Still Held By Public: RBI

The Reserve Bank of India announced on Tuesday that 98.21 per cent of the Rs 2,000 denomination banknotes that were in circulation have now been returned to the banking system. …

ABP News

Bank Rbi Notes

DC Edit | Waive ATM fee for small sums

1 week, 6 days ago

DC Edit | Waive ATM fee for small sums

The Reserve Bank of India has decided to accept the demand of banks to allow a marginal increase in fees for ATM withdrawals. Initially, the ATM fee for transactions beyond …

Deccan Chronicle

India Fee Rbi Atm

ATM withdrawals to cost Rs 23 from May 1 as RBI hikes fee. Check details

2 weeks ago

ATM withdrawals to cost Rs 23 from May 1 as RBI hikes fee. Check details

The Reserve Bank of India has announced an increase in fees for ATM withdrawals, which will take effect from May 1, 2025. Despite the fee hike, customers will continue to …

Bank Rbi Banks Atm

ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1

2 weeks, 2 days ago

ATM Transaction Cost to Go Up by Rs 2 to Rs 23 From May 1

The Reserve Bank of India on Friday increased the maximum amount a bank can charge its customers for ATM transactions beyond the mandatory free transactions—from ₹21 to ₹23 per transaction—with …

Deccan Chronicle

Bank Network Financial Transactions Rbi

ATM charges hiked by ₹2 to ₹23 per withdrawal beyond free monthly usage from May 1

2 weeks, 2 days ago

ATM charges hiked by ₹2 to ₹23 per withdrawal beyond free monthly usage from May 1

ATM charges from May 1: The Reserve Bank of India on Friday, March 28, permitted banks to increase charges on ATM cash withdrawals beyond the free monthly usage by ₹2 …

Charges Rbi Banks Atm

RBI Hikes ATM Withdrawal Fee By Rs 2, Effective May 1

Trending 2 weeks, 2 days ago

RBI Hikes ATM Withdrawal Fee By Rs 2, Effective May 1

The Reserve Bank of India has announced that starting May 1, the fee for ATM withdrawals beyond the free monthly limit will increase by Rs 2. According to a The …

ABP News

Rbi Atm Npci Withdrawal Fee

Central Bank Cash Curbs Drive Nigerian Banks to Short-Term Debt

2 weeks, 3 days ago

Central Bank Cash Curbs Drive Nigerian Banks to Short-Term Debt

-- Nigerian lenders are tapping expensive short-term commercial papers to plug temporary liquidity gaps as the central bank’s cash curbs raise the cost of attracting deposits from customers. Banks see …

Nigeria Central Bank Bank Rate

ATM withdrawals to cost more from May 1 after RBI hikes interchange fees | Full details here

2 weeks, 6 days ago

ATM withdrawals to cost more from May 1 after RBI hikes interchange fees | Full details here

The Reserve Bank of India has approved a hike in ATM interchange fees, raising the cost of cash withdrawals from May 1, 2025 onwards. ATM interchange fees refer to the …

Hindustan Times

Bank Fees Fee Atm

ATM cash withdrawals to get costlier from May 1. Here's why

2 weeks, 6 days ago

ATM cash withdrawals to get costlier from May 1. Here's why

Cash withdrawals at ATMs are set to get costlier from May 1, as multiple reports suggest that the Reserve Bank of India has approved an increase in interchange fees applicable …

Bank Fees Fee Atm

RBI increases ATM interchange fees by Rs 2 effective May 1. All you need to know

3 weeks ago

RBI increases ATM interchange fees by Rs 2 effective May 1. All you need to know

The Reserve Bank Of India has approved a revision in ATM interchange fees which will now go into effect on May 1, 2025. An Interchange fee is simply the charge …

Bank Atm Transaction Transactions

India’s forex reserves hit $654 billion to record biggest weekly gain in 3 years driven by RBI’s liquidity boost

4 weeks, 2 days ago

India’s forex reserves hit $654 billion to record biggest weekly gain in 3 years driven by RBI’s liquidity boost

India’s dollar stockpile had its biggest weekly gain in over three years, bolstered by the Reserve Bank of India 's currency swap operations and liquidity boost last month. This comes …

India Bank Liquidity Billion

Thieves open ATM with gas cutter in Gujarat, loot Rs 18 lakh; search on

1 month ago

Thieves open ATM with gas cutter in Gujarat, loot Rs 18 lakh; search on

Five men allegedly looted an Automated-Teller Machine kiosk of State Bank of India in Gujarat's Surat by cutting it open with a gas-cutter and escaped with Rs 18,14,900 worth of …

Atm Gas Cutter

IndusInd Bank flags lapses worth ₹1,530 cr in derivatives portfolio; stock sinks to 4-year low

1 month ago

IndusInd Bank flags lapses worth ₹1,530 cr in derivatives portfolio; stock sinks to 4-year low

Mumbai: IndusInd Bank Ltd flagged discrepancies worth about ₹1,530 crore in its derivatives account balances, which managing director and chief executive officer Sumant Kathpalia said could have led the banking …

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Realign policies of RBI to changing economic realities

1 month ago

Realign policies of RBI to changing economic realities

Under the new leadership, the Reserve Bank of India is ‘undoing’ some of the measures taken during the previous regime to allow the banking system to breathe easy. By the …

New Indian Express

Bank Rbi Malhotra

98.18 per cent of Rs 2000 notes returned: RBI

1 month, 1 week ago

98.18 per cent of Rs 2000 notes returned: RBI

Mumbai: The Reserve Bank on Saturday said 98.18 per cent of the Rs 2000 banknotes have been returned to the banking system, and only Rs 6,471 crore worth such notes …

Deccan Chronicle

Bank Rbi 2000 Notes

India’s forex reserves jump by $4.758 billion to hit two-month high of $640.479 billion: RBI

1 month, 2 weeks ago

India’s forex reserves jump by $4.758 billion to hit two-month high of $640.479 billion: RBI

India's forex reserve jumped by USD 4.758 billion to USD 640.479 billion in the week ended February 21, the Reserve Bank said on Friday. For the week ended February 21, …

India Bank Billion Foreign

100 crore Indians have no extra money to spend: Report

1 month, 2 weeks ago

100 crore Indians have no extra money to spend: Report

India, with its massive population of over 1.4 billion, has a much smaller group of people who actively spend on non-essential goods and services, according to a report by Blume …

India Consumer Indian Income

Mint Explainer | Fintechs launch CBDC wallets: Is RBI’s e-rupee set to take off?

1 month, 2 weeks ago

Mint Explainer | Fintechs launch CBDC wallets: Is RBI’s e-rupee set to take off?

Mumbai: Nine months after the Reserve Bank of India announced allowing non-bank payments players into central bank digital currency pilots, two private fintech firms, CRED and MobiKwik, have opened e-rupee …

Payments Bank Digital Currency

New India Co-op Bank depositors get relief as RBI allows Rs 25,000 withdrawal

1 month, 3 weeks ago

New India Co-op Bank depositors get relief as RBI allows Rs 25,000 withdrawal

The Reserve Bank of India on Monday eased restrictions on New India Co-operative Bank Limited, allowing depositors to withdraw up to Rs 25,000 from their accounts starting February 27. The …

Bank Rbi Deposit Withdraw

RBI to conduct $10 billion forex currency exchange to infuse liquidity in India’s banking system

1 month, 3 weeks ago

RBI to conduct $10 billion forex currency exchange to infuse liquidity in India’s banking system

MUMBAI - The Reserve Bank of India will conduct a massive $10 billion three-year dollar/rupee swap auction next week to infuse durable rupee liquidity into the banking system, which has …

India Banking Rbi Swap

Demand for debt sale to guide Indian bonds before RBI minutes

1 month, 3 weeks ago

Demand for debt sale to guide Indian bonds before RBI minutes

By Dharamraj Dhutia MUMBAI, Feb 21 - Indian government bond yields were largely unchanged on Friday as market participants awaited the outcome of the weekly debt auction and the minutes …

Market Billion Rbi Rupees

India cancels sale of ₹26,000 crore worth of treasury bills amid tight cash

1 month, 3 weeks ago

India cancels sale of ₹26,000 crore worth of treasury bills amid tight cash

-- India’s central bank did not accept any bids for 91 and 182-day treasury bills in an auction Thursday amid a cash squeeze in the nation’s banking system. “The government …

Hindustan Times

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Delay in issuance of new POSB ATM cards causing difficulties to pensioners

1 month, 3 weeks ago

Delay in issuance of new POSB ATM cards causing difficulties to pensioners

An undue delay in the supply of new ATM cards by India Post Post Office Savings Bank is causing difficulties to card users, particularly pensioners and senior citizens. ATM cards …

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RBI pumps in Rs 45 trillion in banking system since December to meet liquidity needs

1 month, 3 weeks ago

RBI pumps in Rs 45 trillion in banking system since December to meet liquidity needs

MUMBAI: The Reserve Bank has injected a whopping Rs 45 trillion into the banking system since the December 6 monetary policy review when it slashed the cash reserve ratio by …

New Indian Express

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India bond yields seen steady before key events

1 month, 3 weeks ago

India bond yields seen steady before key events

By Dharamraj Dhutia MUMBAI, Feb 18 - Indian government bonds are expected to trade largely unchanged in early deals on Tuesday, as investors await key market-moving events, including debt purchase …

India Bank Rbi Billion Rupees

India rupee to take cues from dollar path, tariff reaction; bonds to eye liquidity moves

1 month, 4 weeks ago

India rupee to take cues from dollar path, tariff reaction; bonds to eye liquidity moves

By Dharamraj Dhutia and Nimesh Vora MUMBAI, Feb 17 - The Indian rupee's direction this week will be shaped by the dollar's reaction to its recent correction and whether worries …

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RBI to inject $16 billion liquidity boost into banking system next week amid tax outflows: Report

1 month, 4 weeks ago

RBI to inject $16 billion liquidity boost into banking system next week amid tax outflows: Report

India's central bank, the Reserve Bank of India, is set to ramp up the liquidity in the nation's banking system through the infusion of $16 billion by next week amid …

India Bank Report Billion

Six arrested for stealing money from ATMs; ₹43 lakh in cash recovered

2 months ago

Six arrested for stealing money from ATMs; ₹43 lakh in cash recovered

Mahalakshmi Layout Police received a tip-off on January 25, 2025, that a group of people were fighting with each other at a tea stall over the issue of sharing money. …

Money Atm

ATM cash withdrawals to become costly? RBI plans to raise interchange fee, says report

2 months, 1 week ago

ATM cash withdrawals to become costly? RBI plans to raise interchange fee, says report

The Reserve Bank of India is planning to raise the maximum fees that banks can charge customers for exceeding the “free five transactions” limit and the ATM interchange fees, reported …

Bank Report Fee Rbi

New rules from February 2025: Key changes affecting bank, ATM, UPI users, and more

2 months, 1 week ago

New rules from February 2025: Key changes affecting bank, ATM, UPI users, and more

As we begin February 2025, there have been some major changes that have been made, affecting day-to-day financial transactions and services. These new regulations, which are applicable from February 1, …

Bank Withdrawal Atm Cylinder

Bank ATM outages rise after call for more cash

2 months, 1 week ago

Bank ATM outages rise after call for more cash

ATM outages in the Netherlands have become more frequent, with many machines out of service due to maintenance or malfunctions. For nearly a year and a half, banks have struggled …

NL Times

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India’s largest bank wants a closer look at all its branches

2 months, 2 weeks ago

India’s largest bank wants a closer look at all its branches

MUMBAI : India’s largest bank is going high-tech in matters of surveillance by introducing a network to connect all its branches using artificial intelligence-enabled cameras, thermal imaging and intelligent video …

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Viral video: Company lets employees take ‘as much cash as they can count’, lays out ₹70 crore on table

2 months, 2 weeks ago

Viral video: Company lets employees take ‘as much cash as they can count’, lays out ₹70 crore on table

Some companies go above and beyond to reward their employees with jaw-dropping bonuses. The management of a crane company laid S$11 million in cash on a table and asked the …

Hindustan Times

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The death of cash: Map reveals where the least money is withdrawn from ATMs - as average annual trips to cash machines falls to just 16

2 months, 2 weeks ago

The death of cash: Map reveals where the least money is withdrawn from ATMs - as average annual trips to cash machines falls to just 16

People made 16 trips to cash machines on average last year, according to data from ATM and cash access network Link. Across the UK, people over the age of 16 …

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Widened gap between credit and deposit requires further liquidity boost by RBI: Report

2 months, 2 weeks ago

Widened gap between credit and deposit requires further liquidity boost by RBI: Report

New Delhi, January 29 : The Reserve Bank of India should take further measures to boost liquidity says a report by the Union Bank of India. The report said the …

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Credit Cards More Than Double in 5 Yrs While Debit Cards Stable

2 months, 2 weeks ago

Credit Cards More Than Double in 5 Yrs While Debit Cards Stable

Mumbai: Retail digital payments in India have grown from 162 crore transactions in the financial year 2012-13 to over 16,416 crore transactions in the financial year 2023-24, around a 100-fold …

Deccan Chronicle

India Credit Credit Cards Crore

Longer duration India debt funds preferred after central bank liquidity steps, Tata AM exec says

2 months, 2 weeks ago

Longer duration India debt funds preferred after central bank liquidity steps, Tata AM exec says

By Dharamraj Dhutia MUMBAI, Jan 28 - The Indian central bank's recent measures to boost bank liquidity provides the right opportunity for investors to shift money to longer duration funds …

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RBI's $17.39 bn cash infusion into banks raises hope for rate cuts

2 months, 2 weeks ago

RBI's $17.39 bn cash infusion into banks raises hope for rate cuts

The Reserve Bank of India announced measures to inject ₹1.5 lakh crore into the banking system, signaling potential monetary easing ahead of its February policy review. India’s central bank announced …

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India's forex reserves decline by $1.88 billionn to $623.983 billion

2 months, 2 weeks ago

India's forex reserves decline by $1.88 billionn to $623.983 billion

India's forex reserves dropped by $1.88 billion to $623.983 billion in the week ended January 17, the RBI said on Friday. Earlier, the overall kitty declined by $8.714 billion to …

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TikTok ‘cash-stuffing’ budgeting trend contributes to resurgence in ATM use

3 months ago

TikTok ‘cash-stuffing’ budgeting trend contributes to resurgence in ATM use

Sign up to our free money newsletter for investment analysis and expert advice to help you build wealth Sign up to our free money email for help building your wealth …

The Independent

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Why fin services in India will boom and bloom

3 months, 1 week ago

Why fin services in India will boom and bloom

There was a cheer when India’s stock market registered the 100 millionth investor account. While that is an astounding number for most countries, it is just a fraction of the …

New Indian Express

India

Over 19 months since withdrawal, ₹2,000 currency notes worth ₹6,700 crore still unreturned, says RBI

3 months, 1 week ago

Over 19 months since withdrawal, ₹2,000 currency notes worth ₹6,700 crore still unreturned, says RBI

More than one and a half years after the Reserve Bank of India announced the withdrawal of ₹2,000 banknotes, 1.88 per cent of the currency notes have yet to be …

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₹2000 notes withdrawal: ₹6,691 cr worth such notes still with public

Trending 3 months, 1 week ago

₹2000 notes withdrawal: ₹6,691 cr worth such notes still with public

Mumbai, Jan 1 The Reserve Bank on Wednesday said 98.12 per cent of the ₹2000 banknotes have been returned to the banking system, and only ₹6,691 crore worth such notes …

Bank 2000 Notes Banknotes

Indian banks to stick with certificates of deposit after 2024 supply jumps 50%

3 months, 2 weeks ago

Indian banks to stick with certificates of deposit after 2024 supply jumps 50%

By Dharamraj Dhutia MUMBAI, Dec 31 - Indian banks will continue to rely on certificates of deposit for meeting short-term cash needs in the next quarter amid tight liquidity conditions, …

Indian Liquidity Banks Deposit

Nagpur: Peanut seller among 4 involved in illegal conversion of ₹2,000 notes; held

3 months, 2 weeks ago

Nagpur: Peanut seller among 4 involved in illegal conversion of ₹2,000 notes; held

The Nagpur police investigation into the modus operandi of an illegal ₹2,000 note conversion racket led them to arrest a peanut seller and three others. The investigation began after a …

Hindustan Times

Jain Rbi Maurya Notes Held

India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility

3 months, 2 weeks ago

India’s forex reserves drop $8 bn to $644 bn over revaluation, RBI interventions on rupee volatility

Mumbai, Dec 27 The country's forex reserves dropped by a further USD 8.478 billion to USD 644.391 billion for the week ended December 20, the RBI said on Friday. In …

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