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cash shortage

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.

Apr 19, 2018, 17:22 PM IST

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.

Apr 19, 2018, 16:16 PM IST

Cash crunch: Principal Economic Advisor Sanjeev Sanyal blames social media for panic withdrawal

The printing of Rs 2,000 notes has also been halted for a past few days.

Apr 18, 2018, 13:09 PM IST

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.

Apr 18, 2018, 10:25 AM IST

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.

Apr 17, 2018, 14:47 PM IST

Modi ji destroyed banking system: Rahul Gandhi attacks government 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".

Apr 17, 2018, 14:02 PM IST

Cash shortage being tackled quickly, says Arun Jaitley after ATMs run dry in several cities

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.

Apr 17, 2018, 12:24 PM IST

Cash crunch in many parts of India as ATMs run dry; government 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.

Apr 17, 2018, 11:58 AM IST

India's GDP growth to slow to 6.5% in Q4

India's economic growth rate is likely to fall to 6.5 percent in the ongoing quarter and remain subdued at around 7 percent in the January-March period as cash shortage is expected to last at least until next month.

Dec 05, 2016, 15:55 PM IST