You Searched For "cash in circulation" 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
The wartime economy is making Russians hoard cold hard cash more than ever the money in circulation reached a record $187 billion in June
"People don't like depending on banks. Having cash means you have money," an economist told the Nov…
Huileng Tan
3 mins read
Cash is no longer king. So why are we still printing so much?
A Fed study showed that most payments are handled through debit or credit cards. However, experts s…
Lloyd Lee
2 mins read
RBI decides to withdraw incremental CRR in phased manner and release it by Oct 7
The Reserve Bank on Friday decided to discontinue the Incremental Cash Reserve Ratio (I-CRR), wh…
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…
3 mins read
Abandoned stores are coming back to life as pickleball courts, thanks to startups ready to cash in on the trend
Abandoned mall anchor stores, like Macy's, and shuttered big-box stores are perfect venues for pick…
Avery Hartmans
2 mins read
Cash App founder Bob Lee was having an affair with the sister of his alleged killer, friends say
Sources told the Wall Street Journal that Lee and Khazar Momeni, the wife of a well-known plastic s…
Bethany Biron
2 mins read
Scammers are cashing in with fake ChatGPT apps: Here’s what you can do stay safe
ChatGPT, launched in November last year, quickly became one of the most popular tech buzzwords due …
2 mins read
A former California lawyer wants to 'CASH' in on his 50-year old vanity plates. He's selling them for $2 million
Claude Arthur Stuart Hamrick is selling his plates, which read "CASH," for $2 million with the help…
Aidan Pollard
9 mins read
Exclusive: Inside the extramarital affair and cash-fueled double life of Charles McGonigal, the FBI spy hunter charged with taking Russian money
"Charlie McGonigal knew everybody in the national security and law enforcement world," his ex-lover…
Mattathias Schwartz
2 mins read
The owner of a Chinese company gave his staff $9 million in bonuses and made them grab it themselves from a giant mountain of cash
Viral videos showed the company's staff members struggling to carry stacks of banknotes that had be…
Matthew Loh
2 mins read
Your bank or grocery store might be out of coins, but the Fed says there's not actually a shortage - people just aren't using them
The US Coin Task Force discovered that of the roughly $48.5 billion of metal currency in circulatio…
Dominick Reuter
2 mins read
Central banks must start issuing digital currencies in the coming years because cash will become irrelevant, UBS chief economist says
"If central banks want to stay relevant as cash becomes less relevant, they might have to consider …
Shalini Nagarajan
4 mins read
Here's what Ethereum's Merge means for investors who want to generate extra cash flow from crypto staking, according to 2 industry experts
The Ethereum Merge could potentially triple current staking rewards for investors, but the laws of …
Lisa Kailai Han
2 mins read
46 Senate Republicans sign pledge circulated by Ron Johnson to not aid Democrats on debt ceiling, raising prospects of default showdown
"They shouldn't be expecting Republicans to raise the debt ceiling to accomodate their deficit spen…
Erin Snodgrass
1 min read
Coronavirus has created less of a need for 'cold hard cash' as Americans move to contactless payments
Since the coronavirus pandemic has discouraged any unnecessary contact, concerns about touching cas…
Barbara Smith
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
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 (…