Cash Crunch
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Taliban restricts bank withdrawals to $200 per week amid cash crunch in Afghanistan
World | August 29, 2021 14:30 ISTDe Afghanistan Bank has also instructed all the private banks in Afghanistan to resume their operations based on the principles and laws of the central bank.
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UP varsity student commits suicide due to cash crunch
India | April 02, 2020 11:51 ISTA 24-year-old student was found hanging from a ceiling fan in his room in a private hostel in Jhansi district.
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Delhi violence: People in Shiv Vihar, Mustafabad face cash crunch as ATMs run dry
India | March 01, 2020 22:14 ISTPeople in the violence-hit Shiv Vihar and Mustafabad areas in northeast Delhi complained of cash crunch in ATMs on Sunday as they lined up to withdraw money from the machines which were either not working or not refilled with cash.
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MTNL raises Rs 800 cr claims from DoT, seeks reimbursement on past bond issue, rent dues
Business | September 08, 2019 11:36 ISTThe matter assumes significance as the company is reeling under a massive cash shortage and has been unable to pay staff wages for July and August. MTNL, last week, admitted that salary payment for two months is pending and that sincere effort is being made to release at least a portion of the dues at the earliest.
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5 money habits that can leave you broke
Fyi | July 14, 2019 19:01 ISTWe all like to party with friends or go out shopping but some financial habits leave smart savers with empty wallets. People having bad financial habits faces several issues. Like if one spends more than he earns then it may lead him to cash crunch during financial emergencies.
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Amid cash crunch, IT department recovers Rs 14.48 lakh from hoarders across India
News | April 27, 2018 12:46 ISTAmid cash crunch, IT department recovers Rs 14.48 lakh from hoarders across India
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Cash crunch: SBI allows customers to withdraw up to Rs 2,000 from PoS machines free of charge
Budget | April 19, 2018 19:01 ISTAs per the RBI guidelines, the withdrawal limit from PoS machines at retail outlets in Tier 1 and 2 cities is Rs 1,000 per card, per day and Rs 2,000 in smaller towns.
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Cash crunch: All govt mints operating 24x7, generating Rs 500, 200 notes, says official
Business | April 19, 2018 15:31 ISTSince this week, the presses are minting out Rs 500 and Rs 200 notes without a break to meet an estimated Rs 70,000 crore of currency shortfall in the country, he said.
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'Printing presses operating 24x7, generating Rs 500, 200 notes'
Business | April 19, 2018 13:44 ISTNormally a currency printing cycle is of 15 days, meaning thereby the increased number of currencies which are being printed beginning this week would be available only towards the end of this month.
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Cash crunch crisis will be resolved by tomorrow: SBI chief Rajnish Kumar
Business | April 19, 2018 13:39 ISTKumar said there are certain areas where there is a problem with running of ATMs and availability of cash of particular denomination.
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Cash crunch: Govt mint halts printing on ink shortage, claims currency press worker
Business | April 18, 2018 23:12 IST"The ink used to print the notes is imported, which is not available now, leading to a halt in the printing of these Rs 200 and Rs 500 banknotes," Jagdish Godse, the president of press workers federation told reporters.
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Cash crunch: Opposition attacks government; banks claim currency availability improving
Business | April 18, 2018 21:21 ISTSBI said the cash availability has improved at its ATMs in the last 24 hours, while some other banks including PNB, Canara Bank and Axis Bank maintained the cash shortage was limited to select pockets.
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SBI terms cash crunch 'logic defying', counts less income velocity, more withdrawals among possible reasons
Business | April 18, 2018 20:12 IST"The recent reports of cash shortage appear intriguing and defy logic. However, there are a couple of trends that beg explanation and may be the possible reasons for such apparent trend," an SBI Ecowrap report authored by Chief Economist Soumya Kanti Ghosh said.
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'Cash availability at ATMs improving', banks rebuff claims of 'crisis'
Business | April 18, 2018 16:50 ISTIn a statement by SBI said that the bank is constantly monitoring the situation and making immense efforts to ensure the supply of currency in abundance at all its ATMs.
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Aaj ki Baat April 17 episode: Rajat Sharma on why connecting cash crunch with Nirav Modi is nothing but a 'jumla'
April 18, 2018 14:21 ISTConnecting the cash crunch issue with Nirav Modi's fraud with PNB, is nothing but a political 'jumla' (empty remark) by Rahul Gandhi.
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ATMs go dry across nation; govt says no currency shortage; RBI cites logistical issues
Business | April 18, 2018 9:44 ISTA statement from the Finance Ministry confirmed reports of cash shortages and some ATMs running dry or becoming non-functional in some parts of the country.
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Reality check of cash crunch from Madhya Pradesh to Maharashtra
News | April 18, 2018 9:01 ISTUsing the situation to his advantage, Congress president Rahul Gandhi launched an all out attack on Prime Minister Narendra Modi. Rahul accused PM Modi of destroying the banking system with his demonetisation decision.
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Govt goes into firefighting mode as ATMs run dry across country
News | April 18, 2018 7:18 ISTUsing the situation to his advantage, Congress president Rahul Gandhi launched an all out attack on Prime Minister Narendra Modi. Rahul accused PM Modi of destroying the banking system with his demonetisation decision.
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Cash crunch: Govt goes into firefighting mode as ATMs run dry, Oppn dubs it 'financial emergency'
Business | April 17, 2018 23:42 ISTUsing the situation to his advantage, Congress president Rahul Gandhi launched an all out attack on Prime Minister Narendra Modi. Rahul accused PM Modi of destroying the banking system with his demonetisation decision.
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ATMs running out of cash remind me of demonetisation days: Mamata Banerjee
Politics | April 17, 2018 14:19 ISTAmid reports of ATMs running dry in several states, West Bengal Chief Minister Mamata Banerjee on Tuesday said it reminds her of the demonetisation days.
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