You Searched For "Cash crunch in ATMs" and got 20 results
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2 mins read
ATMs in several Indian states are running short of cash
It seems ATMs all over India are short on cash flow. According to reports, the shortage, which fi…
1 min read
Cash crunch is back! ATMs are dry yet again
Reportedly, most of the 60% working ATMs are getting loaded with cash in full capacity. ET reported…
2 mins read
This is how TCS worked on war footing just after demonetisation and changed back-end systems for its clients RBI, SBI, etc overnight
Ten people in TCS were on a conference call to discuss a plan on how to they will ensure that their…
1 min read
China will help India in easing cash crunch, recalibrate ATMs. Here’s how
Due to paucity in machine components, new parts are being rushed to India. "These are being purchas…
1 min read
Your nearby grocery shop is going to become a micro ATM soon
The Department of Financial Services (DoFS) has urged states to facilitate fair price shops and pub…
2 mins read
You may soon make only 3 free withdrawals from ATMs
According to people familiar with the matter, the idea was proposed by bankers and was discussed in…
1 min read
Your cash crisis is likely to get over by February end
The demand and supply gap is likely to get trimmed as the cash disbursement to the public could tou…
1 min read
After Canara Bank, IDFC Bank is helping people in exchanging new banknotes, here’s how
The Bank is enhancing use of micro ATMs in metros and rural areas and using its tab-cum-micro ATM t…
1 min read
There may be no respite from long queues outside banks, ATMs to withdraw cash. Here’s why
"We had sought a hearing with RBI as we were not allocated enough cash, but we were told that ratio…
1 min read
Over 10,000 ATMs are being recalibrated per day to bring down the cash crunch
Nearly 10,200 ATMs are being recalibrated in a day and this means that the entire process should be…
2 mins read
PM Modi vouches for cashless transactions, urges people to bear short term pain for long term gain
The demonetisation move wiped out 86% of the cash from India overnight as Rs 500 and Rs 1000 were a…
1 min read
Good news! Cash withdrawal restrictions likely to go away by February-end
"I think the restrictions on withdrawal by RBI should be completely lifted by February-end or by fi…
1 min read
Harassed bankers don’t want to work until RBI supplies enough cash
"RBI should take a view to stop banking operations for 15 days till adequate money is available. Le…
1 min read
Demonetisation: Salaries have been credited but people can’t withdraw due to acute cash crunch
"The situation will not change much from our side even if it is salary day because there is not eno…
1 min read
RBI tells retailers not to hesitate in depositing cash; relaxes withdrawal norms
In a notification, the RBI stated: "certain depositors are hesitating" to deposit their monies into…
1 min read
These 5 sectors are badly hit due to demonetisation
(Images: Indiatimes/Reuters)
1 min read
Cash crunch will continue to haunt for next 4-5 months, says bank association
"Cash shortage will continue even if the four currency note printing presses run at their optimum c…
1 min read
Cash crunch to continue for one more week: Intel report
People are hoarding smaller denomination and not spending Rs 100 notes which they are getting eithe…
PTI
1 min read
New Year with more ATMs dispensing cash? Forget it till March
By the end of February, almost 80% of the demonetised cash
i.e Rs 15.44 lakh crores will get back t…
1 min read
This is how students at IIT Delhi and JNU are surviving the cash crunch days of demonetisation
While on one side Modi government's move has adversely impacted the common man's life making it a d…