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Lack of preparedness by govt led to cash crisis, admits Subramanian...

BJP leader and Rajya Sabha MP Subramanian Swamy on Sunday attributed the prevailing cash crunch to lack of preparedness by the Finance Ministry before...

Assets worth 10.50 crores seized from tea seller-turned-financier in Gujarat

The Income Tax department has seized alleged unaccounted assets worth Rs. 10.50 crore from a tea seller-turned-financier after raids were conducted against him in...

UP: Fight breaks out as woman jumps bank queue, police fire...

A nasty fight erupted outside a bank in Bulandshahr after a woman attempted to jump the queue to withdraw money, prompting police to fire in...

West Bengal: Angry customers pelt stones at bank, smash ATM

A group of agitated customers pelted stones at a branch of a nationalised bank and smashed a closed ATM in the Ratua area of...

Rs 35 lakh in new notes seized from 2 Jaipur businessmen

Two businessmen were caught in Jaipur allegedly with Rs 35 lakh in new currency notes while they were exchanging old notes. Following a tip off,...

UP: Labourer dies after wife fails to withdraw money

A labourer died for lack of treatment allegedly after his wife failed to withdraw money from the bank. Shamim (45), a labourer, died following a...

Karanataka: Hawala operator arrested, Rs 5.70 crore in new currency seized

CBI today arrested an alleged hawala operator K V Veerendra in connection with seizure of Rs 5.70 crore of new currency notes of Rs...

Karnataka: ED seizes Rs 93 lakh in new currency notes from...

Unearthing a racket involved in illegal conversion of demonetised notes, the ED has arrested seven alleged middlemen and seized Rs 93 lakh in new...

Banks must keep deposits record of scrapped, valid notes, says government

To avoid any malpractices, the government has asked all public sector banks to strictly maintain a record of deposits made through both old Rs 500 and...

Cash crunch: Delhi Metro smart card recharge limit raised to Rs...

Delhi Metro will temporarily increase the ceiling of smart card recharge from Rs 1,000 to Rs 2,000 from Sunday due to paucity of short change...

Abortive bid to loot ATM in Bihar, security guard hacked to...

Unidentified miscreants killed a security guard inside an ATM during an abortive bid to loot cash from Mauryalok shopping complex near Dakbungalow roundabout, in...

Banks expect huge rush for cash after 3-day break

Bank customers continued to line up outside branches and ATMs as banks faced the uphill task of meeting the huge demand for cash ahead...

Chennai evasion case: Fresh Rs 24 cr in new notes seized

A fresh seizure of Rs 24 crore cash on Saturday in new notes was made by the Income Tax department, adding to the biggest...

Bank unions write to RBI Governor over shortage of Rs 500...

Two bank unions on Friday urged RBI Governor Urjit Patel to ensure adequate supply of the new Rs 500 notes and bills of lower...

Mamata Banerjee promises jobs to kin of two killed due to...

West Bengal chief minister Mamata Banerjee on Friday said that her government would give jobs to the next of kin of two persons who...

‘TV actor’ caught with over Rs 43 lakh in new currency...

A television actor and two others on Thursday were found in possession of cash worth Rs 43 lakhs in new currency, police said. The actor,...

90 lives lost due to demonetisatiuon, claims Mamata Banerjee

West Bengal chief minister Mamata Banerjee on Thursday claimed that 90 people have lost their lives due to hardships following demonetisation of high value...

Government not mourning over 100 deaths due to cash-crunch: Opposition

Opposition today accused the government of "shameless conduct" by refusing to mourn the death of over 100 persons due to hardships caused by demonetisation,...

Demonetisation: Russia lodges protest on cash crunch faced by embassy, threatens...

Demonetisation is taking a toll on Indian diplomacy, with Russia lodging a strong protest over cash shortage affecting the functioning of its embassy in...

Unable exchange notes, woman sets herself ablaze, dies

Days after setting herself ablaze in Aligarh after allegedly failing to exchange old notes, a 45-year-old daily wage labourer died at a hospital in...