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News
cash crunch
Cash crunch News
RBI Governor
12 Jun 2018
RBI Governor Urjit Patel assures steps to strengthen banking system
Sources present at the meeting of the Parliamentary Standing Committee on Finance said the RBI Governor expressed confidence of tiding over the crisis regarding non-performing assets (NPAs).
cash shortage
19 Apr 2018
Cash crunch: Bank unions threaten to launch nationwide agitation
Bank employees are facing the wrath of the public for a problem created by the government and the Reserve Bank, association's general secretary C H Venkatachalam said.
cash shortage
19 Apr 2018
Cash crunch: SBI asks customers to withdraw cash from PoS machines
There has been an unusual spurt in demand of cash currency in some parts of the country like Andhra Pradesh, Telangana, Karnataka, MP and Bihar.
Akhilesh Yadav
18 Apr 2018
International conspiracy to hit Indian economy: Akhilesh Yadav on cash crunch
Akhilesh Yadav asked if the cash was being held back on the directions of the government.
cash shortage
18 Apr 2018
Cash crunch: Principal Economic Advisor Sanjeev Sanyal blames social media
The printing of Rs 2,000 notes has also been halted for a past few days.
cash crunch
18 Apr 2018
Delay in ATMs' recalibration for Rs 200 notes led to cash crunch
The RBI said shortage "may be felt" in some pockets largely due to logistical issues of replenishing ATMs frequently and the recalibration of ATMs being still underway.
cash shortage
17 Apr 2018
Cash crunch: Government to increase production of currency notes by 5 times
Finance Minister Arun Jaitley has assured that that cash shortage is being tackled quickly.
Demonetisation
17 Apr 2018
Cash crunch in India again? Five things you should not do
Several ATMs in the country have no currency but Finance Minister Arun Jaitley has assured that there is more than adequate in circulation and that the shortage in certain ATMs is temporary.
cash shortage
17 Apr 2018
PM destroyed banking system: Rahul attacks govt as ATMs run dry
Customers have been queuing in large numbers outside ATMs and banks for the last few days in several cities to withdraw currency notes from vending machines, but most of them were either out of service or had a board notifying "no cash".
cash shortage
17 Apr 2018
ATMs run dry in many cities; cash shortage being tackled quickly, says Jaitley
Customers have been queuing in large numbers outside ATMs and banks for the last few days in several cities to withdraw currency notes from ATM machines.
cash shortage
17 Apr 2018
Cash crunch in parts of India as ATMs run dry; govt says solution in 3 days
Officials of several bank branches said that the banks' infrastructure is unable to handle the huge rush resulting in long serpentine queue.
Banks
29 Sep 2017
Banks to remain closed for four days starting today, cash crunch may hit people
In wake of extended Dussehra holidays, there might be possibilities of cash crunch hitting people.
Indian economy
13 Aug 2017
Indian economic cycle entering strongest phase: Report
The Indian economy is at the cusp of entering its strongest growth phase and a full blown bull market is yet to play out with the wide-based Nifty expected to touch 11,500 in 2018, says a report.
banks' holidays
14 Aug 2017
Alert! Banks to remain closed for 4 straight days; ATMs likely to run out of cash
The dates being - August 12 for second Saturday (Banks are closed on second and fourth Saturdays every month), August 13 for Sunday, August 14 for Janmashtami and August 15 for Independence Day.
Central Statistics Office
28 Feb 2017
CSO to unveil Q3 GDP estimate with note ban impact today
The Central Statistics Office is due to unveil on Tuesday the revised advance estimate for GDP growth for 2016-17 after factoring in the note ban impact in the December quarter.
Demonetisation
31 Jan 2017
Demonetisation, GST to help retail sector: Walmart India CEO
Demonetisation, series of structural reforms and the implementation of Goods and Service Tax will propel the retail sector into the modern economy, and help attract significant foreign investment, Walmart India CEO, Krish Iyer said today.
Union Budget 2017-18
27 Jan 2017
Budget thrust needed on sectors hit hardest by cash crunch: Crisil Research
The Union Budget 2017-18 should focus on labour intensive sectors.
Loan to farmers
24 Jan 2017
Cabinet approves 60-day interest waiver on farm loans from cooperative banks
The Cabinet on Tuesday gave its ex-post facto approval to interest waive-off to farmers for November and December.
RBI Governor
18 Jan 2017
RBI Governor Urjit Patel to brief parliamentary panel on demonetisation today
Urjit Patel will brief a parliamentary panel about demonetisation and its impact on the economy and the steps taken by the central bank to deal with the cash crunch.
Housing sales in 2016
10 Jan 2017
Demonestisation: Real estate sales in 2016 dip lowest in 6 years
Real estate already reeling under slowdown received a jolt in 2016, and sales dip to lowest in 2016 due to cash crunch unleashed by demonetisation.
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