You Searched For "cash circulation in india" and got 20 results
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2 mins read
Cash remains king in India, co-exists alongside digital modes of payment
In FY23, the transportation, organised retail, and BFSI sectors observed average annual increases o…
3 mins read
Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap
For the first time since 2002 – that’s 20 years – currency in circulation has declined during…
2 mins read
RBI’s temp measure to absorb surplus liquidity caused by ₹2,000 note inflows
The Reserve Bank of India (RBI) on Thursday said that scheduled banks shall maintain an incremental…
4 mins read
Radiant Cash Management Services IPO opens on Dec 23; price band at ₹94-99 per share
Radiant Cash Management Services, a Chennai-based cash logistics player, will open its initial publ…
2 mins read
You need not visit a bank to exchange your Rs 2,000 notes – Here’s how Amazon can help you
Exchanging the soon to be defunct Rs 2,000 notes one processes can be a hassle amidst one’s daily p…
3 mins read
Indians want to spend the ₹2,000 note but it doesn’t look easy
Indians are finding it difficult to spend ₹2,000 banknotes although there are reports that petrol p…
1 min read
RBI says received Rs 12.4 lakh crore in old notes; system geared up to increase circulation of new banknotes
Meanwhile, they said the entire system is geared up to increase circulation of new notes and urged …
3 mins read
India may propose tax on cash withdrawals above ₹1 million in a year to promote digital transactions in the upcoming budget: Report
The tax could be anywhere between 3% to 5%, which would mean a tax of ₹30,000 to ₹50,000 if you …
2 mins read
Soon there may be Rs 200 notes in circulation
The data for June 23, 2017 shows cash in hand with banks declining to 5.4 per cent of the c…
3 mins read
INTERVIEW: Here’s why this cash management firm is going for an IPO when Indians are being pushed to go cashless
Mumbai-based cash management company CMS Info Systems that has opened its initial public offering (…
2 mins read
A year past, currency circulation in India is back to pre-demonetisation levels
Though one of the intended purposes of the note ban was to nudge people into embracing digital…
2 mins read
India is freezing all cash refilling ops at ATMs after a certain time to prevent theft
India is no stranger to cash shortages. The image of long queues outside ATMs took root in the na…
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
3 mins read
This year, credit card users swiped 5x more than debit card users: PayU
This festive season, Indians have been spending via swiping as per a PayU Insights Report - Festive…
2 mins read
ATMs in several Indian states are running short of cash
We've cash currency of Rs1,25,000 cr right now. There is one problem that some states have less…
6 mins read
India’s digital currency to be launched in FY23 to be cost effective, transparent and secure
The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…
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…
1 min read
Indians are withdrawing less cash from ATMs now, opting for digital payments
The cash and currency in circulation is 74% of the levels in early November 2016, or 26% less than …
2 mins read
Demonetisation led to slow GDP growth, says Fitch
The agency also warned that if the decline in investment continues at this rate, the growth pot…
3 mins read
Not SBI, ICICI or even HDFC - this bank has the most number of microATMs in India
While quick digital payments through apps like Google Pay, Phone Pay, PayTM led by UPI are growing …