Atm Runs Dry
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Printing Press Running 24X7 To Offset Cash Crunch: Official
The government has speed up currency note printing and is running all its four presses round-the-clock, an officer said today amid ATMs running dry in many parts of the country. This week, the note printing presses have been minting out Rs 500 and Rs 200 notes without a break to meet an estimated Rs 70,000 crore of currency shortfallm, he said
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Cash Crunch In Several States; Is Mumbai Next?
Mumbai and other parts of Maharashtra could very well be next on the list of affected areas in terms of ATMs running dry, if the government doesn't do something soon to address the cash crunch certain states have been facing for the past few weeks.
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As ATMs Run Dry, This Press Is Working 3 Shifts To Print Currency Notes
After ATMs in parts of multiple states are reported to be running dry, workers at a government-run printing press in Madhya Pradesh are working three shifts to print currency notes. On Tuesday, the government reportedly said it has decided to increase printing of Rs. 500 notes by five times to meet the "unusual" currency demand.
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Out Of Cash ATMs Remind Me Of Demonetisation Days: Mamata Banerjee
Amid reports of ATMs running dry in several states, West Bengal Chief Minister Mamata Banerjee said today that the situation is reminding her of the demonetisation days.
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Demonetisation Flashback, Says Twitter As ATMs Run Dry In Some States
In what is giving people on Twitter demonetisation flashbacks to November 2016, some ATMs across the country are running out of cash.
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As Empty ATMs Reported, RBI Says Shortage Due To Logistical Reasons: 10 Points
In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage may be felt in some pockets due to logistical issues and clarified that there is sufficient cash in RBI vaults. Com...
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No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
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Little Respite For Delhi On Sunday: Banks Shut, ATMs Dry
Shortage of cash continued to trouble people in the national capital, the second Sunday post-demonetisation, which saw banks shut and ATMs running dry in most places.
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Demonetisation Impact: As ATMs Run Dry, Mobile Wallets are Laughing Their Way to the Bank
For wallet companies, the last week has been a time for sharp growth, both online and offline.
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Banks Still Grapple With Huge Rush, Most ATMs Run Dry
Despite some ATMs getting calibrated to dispense Rs 500 notes, such vending machines are running out of cash because of huge pressure of withdrawal.
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SBI Chief Arundhati Bhattacharya On ATMs Running Dry And The 100-Rupee Note Problem
If it's hurting to stand in those long lines at banks, waiting for cash, exhale a little. Arundhati Bhattacharya, the head of the State Bank of India or SBI, says that though it may not seem like it, the number of people visiting banks is decreasing.
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Cash Crunch: Parliament House ATMs, Too, Run Dry
Mirroring state of affairs across the country, ATMs in high-security Parliament House complex as well as top government offices like North Block, that houses Ministries of Finance and Home, ran out of cash within hours, leaving the high-and-mighty high and dry.
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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.
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As ATMs Run Dry, Government Considers Relaxing Operating Procedure Of Cash Vans
With cash running out fast at most ATMs across the country, the Home Ministry has asked states to provide extra protection to cash carrying vans - mostly private owned - which transport money to banks and ATMs. The advisory by the Centre comes three days after 500 and 1000-rupee notes were demonitised by the government in a move to curb black or il...
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Bank strike hurts trade, ATMs run dry
Due to the strike, ATMs ran dry and bulk cash transactions were hit.
-
Printing Press Running 24X7 To Offset Cash Crunch: Official
The government has speed up currency note printing and is running all its four presses round-the-clock, an officer said today amid ATMs running dry in many parts of the country. This week, the note printing presses have been minting out Rs 500 and Rs 200 notes without a break to meet an estimated Rs 70,000 crore of currency shortfallm, he said
-
Cash Crunch In Several States; Is Mumbai Next?
Mumbai and other parts of Maharashtra could very well be next on the list of affected areas in terms of ATMs running dry, if the government doesn't do something soon to address the cash crunch certain states have been facing for the past few weeks.
-
As ATMs Run Dry, This Press Is Working 3 Shifts To Print Currency Notes
After ATMs in parts of multiple states are reported to be running dry, workers at a government-run printing press in Madhya Pradesh are working three shifts to print currency notes. On Tuesday, the government reportedly said it has decided to increase printing of Rs. 500 notes by five times to meet the "unusual" currency demand.
-
Out Of Cash ATMs Remind Me Of Demonetisation Days: Mamata Banerjee
Amid reports of ATMs running dry in several states, West Bengal Chief Minister Mamata Banerjee said today that the situation is reminding her of the demonetisation days.
-
Demonetisation Flashback, Says Twitter As ATMs Run Dry In Some States
In what is giving people on Twitter demonetisation flashbacks to November 2016, some ATMs across the country are running out of cash.
-
As Empty ATMs Reported, RBI Says Shortage Due To Logistical Reasons: 10 Points
In response to reports that ATMs in several states are running dry, Finance Minister Arun Jaitley today conceded a "temporary shortage in some areas" and said it was being "tackled quickly". The Reserve Bank of India said the shortage may be felt in some pockets due to logistical issues and clarified that there is sufficient cash in RBI vaults. Com...
-
No Rs 1,000 Comeback Yet. Don't Overdraw From ATMs, Urges Top Bureaucrat Shaktikanta Das
The government has no plans to introduce 1,000-rupee notes - abolished last year - but is focusing on ramping up production of 500-rupee and other lower denomination notes, Economic Affairs Secretary Shaktikanta Das tweeted today, scotching rumours that currency printing presses had started printing a new version of the Rs 1,000 note.
-
Little Respite For Delhi On Sunday: Banks Shut, ATMs Dry
Shortage of cash continued to trouble people in the national capital, the second Sunday post-demonetisation, which saw banks shut and ATMs running dry in most places.
-
Demonetisation Impact: As ATMs Run Dry, Mobile Wallets are Laughing Their Way to the Bank
For wallet companies, the last week has been a time for sharp growth, both online and offline.
-
Banks Still Grapple With Huge Rush, Most ATMs Run Dry
Despite some ATMs getting calibrated to dispense Rs 500 notes, such vending machines are running out of cash because of huge pressure of withdrawal.
-
SBI Chief Arundhati Bhattacharya On ATMs Running Dry And The 100-Rupee Note Problem
If it's hurting to stand in those long lines at banks, waiting for cash, exhale a little. Arundhati Bhattacharya, the head of the State Bank of India or SBI, says that though it may not seem like it, the number of people visiting banks is decreasing.
-
Cash Crunch: Parliament House ATMs, Too, Run Dry
Mirroring state of affairs across the country, ATMs in high-security Parliament House complex as well as top government offices like North Block, that houses Ministries of Finance and Home, ran out of cash within hours, leaving the high-and-mighty high and dry.
-
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.
-
As ATMs Run Dry, Government Considers Relaxing Operating Procedure Of Cash Vans
With cash running out fast at most ATMs across the country, the Home Ministry has asked states to provide extra protection to cash carrying vans - mostly private owned - which transport money to banks and ATMs. The advisory by the Centre comes three days after 500 and 1000-rupee notes were demonitised by the government in a move to curb black or il...
-
Bank strike hurts trade, ATMs run dry
Due to the strike, ATMs ran dry and bulk cash transactions were hit.
