The sudden surge in cash payments through Rs 2000 notes has forced the Punjab Petroleum Dealers Association to request the RBI to direct banks to provide enough notes of small denominations.
Sources say Andhra Pradesh and Telangana were distributing farm subsidy of Rs 4,000 per acre to each farmer in cash, one of the reasons for shortage
SBI Chairman Rajnish Kumar on Thursday said that the problem of cash crunch will be resolved by Friday as currency…
Describing recent reports of cash shortage in the country as "logic defying", state-run State Bank of India (SBI) on Wednesday said the possible reasons could be the declining income velocity of currency with the public in 2017-18 coupled with increased ATM withdrawals during the second half of last fiscal.
The report explains that a part of the reason why the shortage is being felt could be the introduction and faster-acceleration in printing Rs 200 notes
After reports of ATMs running dry in various states, chief minister Mamata Banerjee on Tuesday questioned is there was a…
The Congress president, who is on a three-day visit to his constituency Amethi, said the whole country is again being forced to stand in queues for money.
As the reports of cash-crunch in six states – Gujarat, Eastern Maharashtra, Madhya Pradesh, Bihar, Andhra Pradesh and Telangana…
With ATMs suddenly running dry in several states, Congress President Rahul Gandhi on Tuesday slammed Prime Minister Narendra Modi for…
Finance Minister Arun Jaitley on Tuesday addressed the ‘cash-crunch’ issue saying that there is “more than adequate” currency in circulation…
