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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
Banks, post offices are going to work overtime to exchange Rs 500, Rs 1000 notes
Banks will remain shut tomorrow to allow stocking of smaller currency notes and public will be allo…
2 mins read
Currency in circulation rises to Rs 21 lakh cr as on Mar'19: Thakur
New Delhi, Dec 9 () Currency in circulation peaked to over Rs 21 lakh crore at the end of March 201…
PTI
1 min read
India’s central bank refused to disclose the cost of destroying banned notes after demonetisation
In response to a query by Chandrashekhar Gaud, posted on 29 October under the RTI Act, RBI g…
1 min read
Demonetisation: 50% of invalid notes to be replaced by Dec end; printing of Rs 500 notes increased
Addressing a news conference, Das said additional Rs 80,000 crore of Rs 100 notes have been circula…
2 mins read
Four banks allegedly helped a trader legalise Rs 150 crore; probe underway
The invalid demonetized was deposited into accounts of several companies that existed only on paper…
1 min read
Today is the last day to spend your old Rs 500/1000 currency notes. Here’s where you can use them
Public utilities were asked to accept the invalid denominations till Nov 24 and since then, the lis…
1 min read
RBI inspectors can make surprise visits at banks to check tinkering with cash registers
The entire activity is being monitored by the Prime Minister’s Office (PMO). "The RBI wants to keep…
2 mins read
Handset makers want to sell mobile phones for old currency now, ask for permission
The sales in the sector has dropped by 40-50%, primarily through brick and mortar channel, which co…
10 mins read
This Is Why Bitcoin Is Fundamentally Broken
This protocol works through a process called mining. In essence, the ledger is organized into a sin…
Ittay Eyal and Emin Gün Sirer…
1 min read
Rs 2,000 notes worth Rs 10,000 crore left in system: RBI Governor
"Rs 2,000 notes are coming back and only Rs 10,000 crore is left in the system. The expectation…
PTI
2 mins read
Day 1 of ₹2,000 note exchange: Small queues seen at some branches
Small queues were witnessed at some bank branches on Tuesday for the exchange of Rs 2,000 notes aga…
PTI
2 mins read
RBI deputy governor makes a case for banning cryptocurrencies, says it can wreck the banking system
Making a strong case for banning cryptocurrencies, Reserve Bank Deputy Governor T Rabi Sankar on Mo…
PTI
3 mins read
Elon Musk wants Dogecoin investors to be ‘protected’ as Binance extends withdrawal freeze by another week
Binance’s freeze on Dogecoin withdrawals could get extended by another week, and tech billionaire E…
2 mins read
Bitcoin climbs to a 1-week high, hitting $38,000 as the cryptocurrency shrugs off renewed calls for tighter regulation
The Basel Committee on Banking Supervision on Thursday said bitcoin's capital requirements for bank…
Isabelle Lee
3 mins read
Here's why the Federal Reserve could snuff out a market rebound
The biggest story in markets today is how the Fed could snuff out a market rebound. Plus, expert st…
Phil Rosen
3 mins read
Trump-appointed FDIC chair will resign after battle with Democratic bank regulators
The departure of Jelena McWilliams comes as CFPB head Rohit Chopra said that she sought to block at…
John L. Dorman
4 mins read
Bitcoin crashed to below $30,000 and managed to recover — but FUD still shadows the market
Unlike last year — when investors took money off the stock markets amid financial uncertai…
3 mins read
PM Modi, take note: These countries failed at demonetization
Prime Minister Narendra Modi's surprise move last week to invalidate some 86 per cent of the value …
2 mins read
Interest rates may go down, says SBI
On November 8, the
government surprised the nation by declaring Rs 500 and Rs 1,000 currencies
inva…