Atm Crisis
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Video Appears To Capture Russian Panic Over Impending Bank Blockade
Following talks to exclude Russia from the global payments system SWIFT, a video circulating online depicts hundreds of Russian queuing outside ATMs in what appears to be a bank run as the West moves to freeze Russia out of international payments.
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Masked Robbers Pose New Challenge For Kolkata Police Amid COVID-19 Crisis
Incidents of attackers wearing face masks, attempting to break open bank ATMs, have posed a new challenge for the city police trying to find a way out to keep a check on such crimes, a senior Kolkata Police officer said.
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No Minimum Balance, No ATM Fee Among Finance Minister's Relief Measures
For the coming three months, cash can be withdrawn from any ATM without any fee, finance minister Nirmala Sitharaman said today while announcing a number of relief measures amid the crisis triggered by coronavirus. Also, there will be no minimum balance requirement the minister said.
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No ATM Or Net Banking- Bank Withdrawal Only Option For Yes Bank Customers
Panicked Yes Bank customers were seen queuing up at the bank's ATMs at various locations, but to no avail as most of the money-dispensing machines have no cash, after the Reserve Bank placed the crisis-hit lender under a moratorium.
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Told You So: Andhra, Telangana Junk Centre's Cash Crunch Logic
Calling the bluff of the centre that the cash crunch was "sudden and temporary", the state governments of Andhra Pradesh and Telangana say they had flagged their concerns to the union government and the Reserve Bank of India (RBI) well in advance.
-
Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply
Cash withdrawals in the country go up during the crop harvest season, usually during March to April.
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In Silicon Valley Bengaluru, Many ATMs Closed, Trying To Fix It, Say Officials
Hundreds of ATMs across India's tech hub remained shut for the second day due to possible virus attack by WannaCry ransomware and cash crunch, said a bank official on Tuesday.
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Kerala's Big Cash Crunch: ATMs, Salaries and Pensions Are Hit
The cash crisis has returned to haunt Kerala, threatening to disrupt withdrawal of salary and pensions by government employees across the state. The Kerala government on Tuesday declared that the state treasury had the money but not the currency notes that people needed. If the central bank does not step in, Finance Minister TM Thomas Isaac warned,...
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Cash-Driven Rural India Grapples To Keep Up With Black Money Chase
In a largely cash-driven rural India, the government's surprise move to scarp Rs 500 and 1,000 notes to check black money crisis has hit people hard as some of them even don't have bank accounts and are scrambling to get cash to meet their daily needs.
-
Hunger Games: Eating Out Becomes Latest Casualty In Cash-Starved Delhi
Several restaurants in Delhi are witnessing thin attendance as pockets run dry after the centre's currency ban on 500 and 1,000 rupee notes.
-
On Day 3, Anger, Chaos On Currency Ban As Banks Struggle To Dispense Cash
Serpentine queues, agitated crowd and more chaos was witnessed as cash-starved people struggled to exchange and withdraw money today.
-
Arvind Kejriwal Attacks PM, Says BJP Alerted Its Friends On Currency Ban
Delhi Chief Minister Arvind Kejriwal is addressing the media amid the demonetisation move and crisis at ATMs across country.
-
2 Deaths At Kerala Banks Involving Men Who Came To Deposit Notes
In Kerala, where most ATMs across the state were reportedly not working this morning, two men died while trying to change old high-currency notes for new ones.
-
In Bihar, Police Keep Eye On Maoists Trying To Exchange Old Notes
Policemen in plainclothes have been deployed and those in uniform alerted to keep a close watch for Maoists who try to exchange their old currency notes with new ones, police officials said today.
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Enough New Notes Available, Please Be Patient, Says Reserve Bank Of India
As huge, angry scrums surrounded ATMs and lined up at banks to collect the new currency that replaces old high-denomination notes, the Reserve Bank of India has urged "members of public to be patient", stating that there "is enough cash available with banks and all arrangements have been made to reach the currency notes all over the country."
-
Video Appears To Capture Russian Panic Over Impending Bank Blockade
Following talks to exclude Russia from the global payments system SWIFT, a video circulating online depicts hundreds of Russian queuing outside ATMs in what appears to be a bank run as the West moves to freeze Russia out of international payments.
-
Masked Robbers Pose New Challenge For Kolkata Police Amid COVID-19 Crisis
Incidents of attackers wearing face masks, attempting to break open bank ATMs, have posed a new challenge for the city police trying to find a way out to keep a check on such crimes, a senior Kolkata Police officer said.
-
No Minimum Balance, No ATM Fee Among Finance Minister's Relief Measures
For the coming three months, cash can be withdrawn from any ATM without any fee, finance minister Nirmala Sitharaman said today while announcing a number of relief measures amid the crisis triggered by coronavirus. Also, there will be no minimum balance requirement the minister said.
-
No ATM Or Net Banking- Bank Withdrawal Only Option For Yes Bank Customers
Panicked Yes Bank customers were seen queuing up at the bank's ATMs at various locations, but to no avail as most of the money-dispensing machines have no cash, after the Reserve Bank placed the crisis-hit lender under a moratorium.
-
Told You So: Andhra, Telangana Junk Centre's Cash Crunch Logic
Calling the bluff of the centre that the cash crunch was "sudden and temporary", the state governments of Andhra Pradesh and Telangana say they had flagged their concerns to the union government and the Reserve Bank of India (RBI) well in advance.
-
Government Calms Cash Crunch Worries, To Ensure Adequate Currency Supply
Cash withdrawals in the country go up during the crop harvest season, usually during March to April.
-
In Silicon Valley Bengaluru, Many ATMs Closed, Trying To Fix It, Say Officials
Hundreds of ATMs across India's tech hub remained shut for the second day due to possible virus attack by WannaCry ransomware and cash crunch, said a bank official on Tuesday.
-
Kerala's Big Cash Crunch: ATMs, Salaries and Pensions Are Hit
The cash crisis has returned to haunt Kerala, threatening to disrupt withdrawal of salary and pensions by government employees across the state. The Kerala government on Tuesday declared that the state treasury had the money but not the currency notes that people needed. If the central bank does not step in, Finance Minister TM Thomas Isaac warned,...
-
Cash-Driven Rural India Grapples To Keep Up With Black Money Chase
In a largely cash-driven rural India, the government's surprise move to scarp Rs 500 and 1,000 notes to check black money crisis has hit people hard as some of them even don't have bank accounts and are scrambling to get cash to meet their daily needs.
-
Hunger Games: Eating Out Becomes Latest Casualty In Cash-Starved Delhi
Several restaurants in Delhi are witnessing thin attendance as pockets run dry after the centre's currency ban on 500 and 1,000 rupee notes.
-
On Day 3, Anger, Chaos On Currency Ban As Banks Struggle To Dispense Cash
Serpentine queues, agitated crowd and more chaos was witnessed as cash-starved people struggled to exchange and withdraw money today.
-
Arvind Kejriwal Attacks PM, Says BJP Alerted Its Friends On Currency Ban
Delhi Chief Minister Arvind Kejriwal is addressing the media amid the demonetisation move and crisis at ATMs across country.
-
2 Deaths At Kerala Banks Involving Men Who Came To Deposit Notes
In Kerala, where most ATMs across the state were reportedly not working this morning, two men died while trying to change old high-currency notes for new ones.
-
In Bihar, Police Keep Eye On Maoists Trying To Exchange Old Notes
Policemen in plainclothes have been deployed and those in uniform alerted to keep a close watch for Maoists who try to exchange their old currency notes with new ones, police officials said today.
-
Enough New Notes Available, Please Be Patient, Says Reserve Bank Of India
As huge, angry scrums surrounded ATMs and lined up at banks to collect the new currency that replaces old high-denomination notes, the Reserve Bank of India has urged "members of public to be patient", stating that there "is enough cash available with banks and all arrangements have been made to reach the currency notes all over the country."
