Home Tags Cash crunch

Tag: Cash crunch

In times of cash crunch, Kerala hotelier hosts lavish wedding for...

In yet another big fat wedding in the times of cash crunch, bar hotelier Biju Ramesh, who hurled bribery charges against the previous UDF...

Rs 71 lakh in new currency seized in Karnataka

Close on the heels of I-T sleuths confiscating over Rs five crore in Bengaluru, another Rs 71 lakh have been seized from the possession...

Bank unions seek Arun Jaitley’s intervention to end cash crunch

Two large bank unions have demanded immediate intervention of Finance Minister Arun Jaitley in ending the acute cash shortage in the system following the...

Unable to get cash, villagers block traffic in UP

Upset over the lack of money at banks even after 22 days of demonetisation, villagers at Bilaspur in Greater Noida on Wednesday blocked the...

Gold down Rs. 100 on cash crunch, weak global cues

Gold prices declined by Rs. 100 to Rs. 29,350 per 10 grams today due to low demand on account of prevailing cash crunch in...

RBI relaxes withdrawal norms, nudges retailers to deposit cash

Nudging retailers such as malls and shop owners to deposit their daily collections with banks, RBI has said they would be allowed to withdraw...

6 Co-operative Bank employees booked for Rs. 7 crore fraud in...

Seven persons, six of them employees of a co-operative bank in Thane, have been booked for allegedly defrauding customers and the bank to the...

PM Modi pushes for use of mobiles to deal with cash...

Pushing for mobile banking to deal with problems arising out of demonetisation, Prime Minister Narendra Modi on Friday asked the people to let their...

Ex-cashier of SBI commits suicide after demonetisation

Depressed over demonetisation of high currency notes, a retired cashier of the State Bank of India (SBI) allegedly committed suicide at his residence in...

Cash shortage to continue for 4 To 5 months: Bank Employees...

The Bank Employees Federation of India (BEFI) has said currency note shortage will continue for another four to five months even if the country's...

Police apprehend two men carrying Rs 27 lakh new notes

Police on Thursday apprehended two men from outside Hazrat Nizammuddin railway station who were allegedly carrying Rs 27 lakh in new currency notes which...

RSS ideologue Govindacharya writes to Chief Justice against demonetisation decision

Former RSS ideologue K N Govindacharya has written a letter to Chief Justice of India T S Thakur seeking compensation for those who have...

Cash withdrawal for marriages remains a non-starter

Stiff guidelines set by the RBI for withdrawal of Rs 2.5 lakh for a marriage have made it difficult for banks to disburse the...

Demonetisation: Queues get shorter, but cash crunch pinches Mumbaikars

Even as the queues outside banks and ATMs are getting shorter and less time being taken to withdraw money in Mumbai, the problems because...

Demonetisation resulted in chaos and loss of trust in government: Summers

Describing the Indian government's demonetisation steps as the "most sweeping changes in currency policy in the world in decades", a top global economist on...

Government teachers seek salary in cash

In the wake of a cash crunch following the demonetisation of high value currency notes, a section of government teachers today appealed to the...

Punjab’s wheat sowing adversely impacted as farmers face ‘cash crunch’

Wheat sowing in Punjab was impacted because of the demonetisation of old currency with growers claiming they were unable to buy seeds and other...

Demonetisation takes toll on West Bengal’s rural traders’ mental health

Centre's demonetisation decision is taking toll on the mental health of many cash strapped businessmen in rural areas of West Bengal whose entire sales...

No respite from queues, chaos; ATMs grapple with cash shortage

Chaotic scenes could still be seen at banks and ATMs as people queued up for hours to get valid currency notes to meet their...

Cash crunch: No respite from long queues at banks, ATMs

People in large numbers started queuing up outside ATMs and banks since early morning today to withdraw valid currency notes from vending machines and...