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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…

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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…

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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   


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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   


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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…

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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…

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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…

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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   


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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   


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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 …

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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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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 …

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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 (…