Page 2 - Cash

Post demonetisation, notes in circulation on rise; so are digital payments

Five years after the demonetisation, currency notes in circulation continue to rise albeit at a slower pace even as digital payments surge with more and more people embracing cashless payment modes

Cash going to co-exist with central bank digital currency: Subbarao

Former RBI governor D Subbarao on Monday said there is a strong motivation for the central bank to launch a digital currency and cash is going to coexist with the new-age currency

No cash doles to poor in pandemic was most foolish: Chidambaram

The most foolish decision of central government yet was refusal to give cash doles to the poorest 20-25 per cent of the country's population during the pandemic, P Chidambaram said on Thursday

Cash-driven informal credit market reaches $500 billion in India

While India has a highly under-penetrated formal credit market, it has a very large informal credit market.

BS Number Wise: Cash is king, once again. Should you be worried?

A BS analysis shows that a crisis leads to a higher demand for money, which is complemented by an increase in currency in circulation

Notes in circulation go up due to holding of cash amid pandemic: RBI

Banknotes in circulation witnessed higher than average increase during 2020-21

Consider afresh applications seeking money for emergencies: HC to PMC Bank

The court directed PMC bank to decide afresh about the applications of depositors seeking money for the medical and educational emergencies

Cash is king, digital is divine: RBI talks digitisation post demonetisation

Digital payments in the country have witnessed a growth (CAGR) of 61 per cent, it said

When cash is king

Votes-for-notes no longer only means blandishments of cash and goodies for fence-sitting voters

3 bikers flee with Rs 27 lakh as ATM staff leaves cash van door open

Police is probing the role of some of the employees of the cash delivery company in the theft

Cash no longer king? Swiss National Bank begs to differ

The bank said the reports of death of cash are not just exaggerated but also unfounded

2 impersonating police arrested for looting Rs 2 cr of diamond jeweller

A case was registered at Maurya Enclave police station and an investigation was launched

Now, you can withdraw up to Rs 8,414 with a tap on your smartphone

This would make it harder for criminals to misuse customers' accounts by 'protecting them from card skimming'

Show me the money: Cash crunch to continue for 1 more week, says Intel report

Home Ministry officials said there has not been enough money in circulation

Madras HC orders CBI probe into Rs 570 cr cash seized during TN assembly elections

SBI has staked its claim over the money saying it was being transported by them from one currency chest to another