Articles
Why cash circulation in economy hit all-time high in March 2022 despite surge in digital payments
Despite a surge in digital transactions in the financial system, cash circulation is up 9.2% in the economy as of March 18 2022 to hit an all-time high of Rs. 31 lakh crore compared with Rs. 28.5 lakh crore in the year-ago period. Read more at:...
RBI to penalise banks for failing to timely replenish currency notes in ATMs from Oct 1
This move is expected to address the concerns of account holders who are often inconvenienced by the non-availability of cash in ATMs. Read more at:...
Pandemic, lockdown calls see cash with public hit record high
According to the data released by the Reserve Bank of India, the currency with public rose by Rs 15,919 crore in the fortnight ended April 23 to cross the Rs 28 lakh crore mark for the first time. Read more at:...
Banks get time till March 2023 to implement new system to replenish cash in ATMs
MUMBAI: The Reserve Bank of India (RBI) on Thursday gave another extension till March 2023 to banks to implement its direction on use of only lockable cassettes for replenishing cash in their ATMs. Read more at:...
Bank of England – 24 November 2020
Currency with public touches fresh high of Rs 26 lakh crore, but pace of growth slows
According to data released by the Reserve Bank of India (RBI), in the fortnight ended September 11, the currency with public increased by Rs 17,891 crore to hit a new high of Rs 26 lakh crore. Read more at:...
Govt looks to implement all 4 labour codes in one go by December: Santosh Gangwar
NEW DELHI: The government is aiming to implement all the four labor codes in one go by December.. Read more at: http://timesofindia.indiatimes.com/articleshow/78347189.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst