Cash Crunch At Atms
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Parliamentary Panel Asks RBI To Fix Dysfunctional ATMs To Avoid Forced Cash Crunch
ATMs have become an important channel for withdrawing money even after the close of banking hours.
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Cash Shortage: SBI Tells Customers To Use PoS To Withdraw Upto 2,000 Rupees
State Bank of India's (SBI) points of sale (PoS) are electronic devices used to process card payments at retail locations.
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Cash Crunch: SBI Asks Customers To Withdraw Up To Rupees 2,000 Per Day From PoS Machines For Free
Cash Crunch: State Bank of India (SBI) has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash.
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Amid Cash Crunch, Kanpur Traders Pray To 'ATM Deva' In Special Aarti. Watch
On Wednesday, Kanpur's Ghanta Ghar Chauraha was filled with sounds of hymns and bells as a group of shopkeepers gathered to perform a special aarti (prayer). The prayer wasn't for an auspicious festival but out of necessity as the traders turned to the powers-that-be to seek relief from the ongoing cash crunch in some parts of the country.
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Rs 200, Rs 500 Note Printing Stopped Due To Ink Shortage: Union Leader
Non-availability of ink has resulted in a halt in printing of Rs 200 and Rs 500 denomination banknotes at the Currency Note Press in Nashik, an employees' union leader claimed today.
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Cash Crunch: Gujarat Banker's Body Writes To RBI
As several places in the country reported cash shortage at ATMs, a banker's body in Gujarat has written to the RBI on the issue. At several ATMs across Gujarat, a "no cash" notice greeted customers on Tuesday. Hassled consumers say the problem has persisted for at least 15 days.
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Spike In Withdrawals, Not Enough Deposits Caused Cash Crunch, Data Shows
A spike in cash withdrawals from banks over the last fortnight that people did not deposit into the banking sector has contributed to the cash crunch faced in several parts of the country, official statistics accessed by NDTV has indicated. This increase, finance ministry officials said, had led to a mismatch between the availability of cash and de...
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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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P Chidambaram Slams Government For Cash Crunch; Says Supply "Arbitrarily Reduced"
Senior Congress leader P Chidambaram on Tuesday slammed the government for the cash crunch in some parts of the country, saying cash supply had been "arbitrarily reduced".
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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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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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Income Tax To Track Withdrawals That Led To Cash Crunch: Officials
Income tax officials have been roped in to probe the surge in cash withdrawals that is believed to have contributed to ATMs running out of cash in several parts of the country, a top government official has told NDTV. Finance Minister Arun Jaitley had earlier acknowledged a temporary shortage caused by 'sudden and unusual increase' of withdrawal in...
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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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Cash Shortage Highlights: Finance Minister Arun Jaitley Says Problem Of Cash Crunch Is Temporary
In many states including Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana, the ATMs are either not working or out of cash. People all across India including Delhi are tweeting about it. The reports of cash crunch at ATMs have brought back memories of November 2016, when Prime Minister Narendra Modi, in ...
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50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
-
Parliamentary Panel Asks RBI To Fix Dysfunctional ATMs To Avoid Forced Cash Crunch
ATMs have become an important channel for withdrawing money even after the close of banking hours.
-
Cash Shortage: SBI Tells Customers To Use PoS To Withdraw Upto 2,000 Rupees
State Bank of India's (SBI) points of sale (PoS) are electronic devices used to process card payments at retail locations.
-
Cash Crunch: SBI Asks Customers To Withdraw Up To Rupees 2,000 Per Day From PoS Machines For Free
Cash Crunch: State Bank of India (SBI) has a total of 6.08 lakh PoS machines of which 4.78 lakh are enabled to dispense cash.
-
Amid Cash Crunch, Kanpur Traders Pray To 'ATM Deva' In Special Aarti. Watch
On Wednesday, Kanpur's Ghanta Ghar Chauraha was filled with sounds of hymns and bells as a group of shopkeepers gathered to perform a special aarti (prayer). The prayer wasn't for an auspicious festival but out of necessity as the traders turned to the powers-that-be to seek relief from the ongoing cash crunch in some parts of the country.
-
Rs 200, Rs 500 Note Printing Stopped Due To Ink Shortage: Union Leader
Non-availability of ink has resulted in a halt in printing of Rs 200 and Rs 500 denomination banknotes at the Currency Note Press in Nashik, an employees' union leader claimed today.
-
Cash Crunch: Gujarat Banker's Body Writes To RBI
As several places in the country reported cash shortage at ATMs, a banker's body in Gujarat has written to the RBI on the issue. At several ATMs across Gujarat, a "no cash" notice greeted customers on Tuesday. Hassled consumers say the problem has persisted for at least 15 days.
-
Spike In Withdrawals, Not Enough Deposits Caused Cash Crunch, Data Shows
A spike in cash withdrawals from banks over the last fortnight that people did not deposit into the banking sector has contributed to the cash crunch faced in several parts of the country, official statistics accessed by NDTV has indicated. This increase, finance ministry officials said, had led to a mismatch between the availability of cash and de...
-
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.
-
P Chidambaram Slams Government For Cash Crunch; Says Supply "Arbitrarily Reduced"
Senior Congress leader P Chidambaram on Tuesday slammed the government for the cash crunch in some parts of the country, saying cash supply had been "arbitrarily reduced".
-
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.
-
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.
-
Income Tax To Track Withdrawals That Led To Cash Crunch: Officials
Income tax officials have been roped in to probe the surge in cash withdrawals that is believed to have contributed to ATMs running out of cash in several parts of the country, a top government official has told NDTV. Finance Minister Arun Jaitley had earlier acknowledged a temporary shortage caused by 'sudden and unusual increase' of withdrawal in...
-
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.
-
Cash Shortage Highlights: Finance Minister Arun Jaitley Says Problem Of Cash Crunch Is Temporary
In many states including Karnataka, Maharashtra, Andhra Pradesh, Rajasthan, Uttar Pradesh, Madhya Pradesh and Telangana, the ATMs are either not working or out of cash. People all across India including Delhi are tweeting about it. The reports of cash crunch at ATMs have brought back memories of November 2016, when Prime Minister Narendra Modi, in ...
-
50 Days After Cash Ban, PM Modi To Discuss Impact In National Address Today: 10 Points
Prime Minister Narendra Modi will address the country today on New Year's eve which also brings an end to a 50-day period that he had sought to bring normalcy after an abrupt November 8 ban on 500 and 1,000-rupee notes. While the restrictions on cash withdrawal stays on because of a limited cash supply to banks, the daily withdrawal limit from ATMs...
