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Breaking News: RBI increases cash withdrawal limit to Rs 40,000 at PMC bank
Mon, Oct 14, 2019
RBI increases cash withdrawal limit to Rs 40,000 at PMC bank. To know more watch the video
Money Guru: Know about the Rules for Cash transaction limit
Tue, Aug 13, 2019
In this segment of Money Guru, Know about the rules for cash transaction limits. To know more watch the video
Money Guru: Know about the Rules for Cash transaction
Tue, Aug 13, 2019
How much cash you can withdraw from bank, Know about the Rules for Cash transaction. To know more watch Money Guru
No cash in ATM? Try these methods for purchases, payments
Thu, Apr 18, 2019
One can always opt for digital methods of payment or the plastic form of currency when there is no immediate availability of cash currency.
Credit Card vs Personal Loan vs Life Insurance Policy: Want loans at 2-3%? This explainer will help
Sun, Jan 06, 2019
Want immediate cash? Wondering what is the better option? Often we tend to use our credit cards to meet immediate liquidity crunch, or even resort to taking personal loans. Banks, in fact, leave no stone unturned to lure salaried customers to buy either a credit card or take a personal.
Back to nought: Cash is slowing eating away mobile wallets' party
Tue, Oct 10, 2017
Mobile user base growth slowed down to 9% in Q2 from a huge 23% growth in the Q1.
Banks to remain shut till August 15; Will ATMs run dry?
Fri, Aug 11, 2017
Banks will remain shut for four days which may cause temporary cash shortage at ATMs.
Banks look to charge withdrawals as cash crunch eases
Thu, Mar 02, 2017
Prime Minister Narendra Modi-led Government is foucssed on making India a less-cash society. In this bid, the government has taken many initiatives to promote digital currency and dissuade citizens from using cash. The latest step in this direction is banks charging customers for withdrawing their own cash.
Cash no longer king? Swiss National Bank begs to differ
Mon, Feb 27, 2017
The Swiss central bank sought on Monday to allay fears among citizens that bank notes could eventually be phased out as a result of global money-laundering rules or the rise of alternative payment systems.
Final draft of GST laws ready; Council to meet on Feb 18: Jaitley
Fri, Feb 03, 2017
He pointed the government is making efforts to make the society more tax compliant.
Govt pressed ahead with demonetisation despite concerns, RBI tells parliament
Fri, Jan 20, 2017
The central bank in a writtenn testimony to the parliament said that they had warned the government of the "possible inconvenience to the public for some time".
Note ban to benefit jewellery sector in long run: Industry
Tue, Jan 17, 2017
The jewellery industry, which suffered and saw about 80% drop in demand following the demonetisation, is slowly recovering, although it may take over a year for things to become normal, market experts said.
Only 30% of ATMs are functional as banks opt to distribute cash
Sat, Dec 31, 2016
More than two-thirds of ATMs continued to run dry across the country till Friday as banks chose to distribute cash to customers through branches rather than refill machines that could be accessed by all debit card holders,
Indians line up at banks to deposit savings or see them disappear on last day of exchange on December 30
Sat, Dec 31, 2016
Indians lined up outside banks across the country on Friday, the last day for them to deposit their savings or see them become worthless after large denomination notes were scrapped in a bid to fight corruption.
Luxury cars sales likely to drop as IT dept asks dealers for sales numbers since demonetisation
Tue, Dec 27, 2016
The IT department has send notices to car dealers asking them for information on the sales of luxury cars from November 8 onwards.
Will banks delay lending rates cut post RBI's CRR move?
Mon, Nov 28, 2016
Because of this move, the total CRR requirement of the banks would be around Rs 8 lakh crore.
Not mobile wallets, cash will still be king in India
Thu, Nov 10, 2016
While mobile wallets came out immediately with figures of how much people have increased using their services after PM Modi's announced, the fundamental question still remains whether people will revert to buying using cash once they have exchanged their currency.
Govt continues crackdown on gold smuggling with Rs 13 crore seizure
Mon, Oct 17, 2016
20 bars of gold are of 1 kg each with foreign markings and of 995 purity.
Five recommendations by SIT to curb black money
Thu, Jul 14, 2016
The SIT report said that it felt that large amount of unaccounted wealth is stored and used in form of cash.
RBI's Vision 2018 for 'less cash' society on the cards
Tue, Apr 12, 2016
RBI said that the idea is to make regulations more responsive to technological developments and innovations in the payment space.