You Searched For "Post demonetisation" and got 20 results
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2 mins read
Foxconn sends workers on leave, puts many on bench as sales slump by 50% post demonetisation
Post demonetisation, it has send its workers either on paid leave or have put many on bench because…
1 min read
Post demonetisation, tax officials detected Rs 5,400 crore of black money, carried out over 1100 searches
"Seizure in cash in new currency was about Rs 110 crore. The undisclosed income detected in these a…
1 min read
Petrol, diesel sales go up post demonetisation as people rushed to tank up fuel with old notes
The sales of fuel shot up by 10% in November as the fuel stations were accepting demonetised notes.…
1 min read
Jan Dhan bank accounts, meant for poor, receive Rs 21,000 crore in deposits, post demonetisation
West Bengal is the top state which has seen this sudden inflow of money in the Jan Dhan bank accoun…
1 min read
Two possible reasons why RBI Guv Urjit Patel could not tell amount of money deposited in banks post demonetisation
There could be several reasons behind Patel’s silence. One of the possible reasons is the double co…
1 min read
This co-operative bank received Rs 169 crore in just 5 days, post demonetisation
The agency has asked the bank to produce all documents related to depositors, though the bank's aut…
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…
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
Criticising Demonetisation: Sudden concern for poor people in queues!
On one hand, there are people supporting the government move and listing down various benefits of d…
1 min read
PMI falls below 50, all thanks to demonetisation
A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction…
1 min read
Demonetisation: Banks have replaced less than 10% of value of demonetised notes so far, still a long way to go
Meanwhile, banks have also circulated Rs 1, 03,316 crore into the system through withdrawals by acc…
8 mins read
The DeMo Effect: One Year and Counting
While the jury is still out on the good, bad and the ugly sides of demonetisation, we can all agree…
2 mins read
Banks lose Rs 3,800 crore to run current payment infra system: SBI report
The payment card industry in India is based on a four-party model which includes the issuing ba…
3 mins read
How demonetisation got India’s Cash to GDP ratio at par with advance economies like Germany and France
Demonetisation, it says, has brought the country’s currency in circulation to GDP ratio at par with…
2 mins read
No complaints regarding demonetization and its after effects will be entertained under Banking Ombudsman
The central bank said that demonetisation is not one of the 27 grounds under which a customer …
1 min read
Demonetisation: When dreaded dacoits came to stand in line at banks
In Gwalior, Malkhan Singh- a feared dacoit from 70s and 80s, was seen standing in a line at bank br…
2 mins read
Demonetisation: Flip-flops in regulations have left banks muddled
Recently, the government reduced the limit of exchange to Rs 2,000 from Rs 4,500 which was also rai…
1 min read
All cash withdrawal limits go back to pre-demonetisation period
Remonetisation begins: All cash withdrawal limits go back to pre-demonetisation era
1 min read
Last mile logistic companies scale down operations, thanks to demonetisation
He said that the company has scaled down operations from 95 cities and rural regions to 45 all than…