New Currency-notes

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New Currency-notes - Total results - 5
Contactless payments: A step in right direction can help govt meet ambitious 30 bn digital transactions target
Business

Contactless payments: A step in right direction can help govt meet ambitious 30 bn digital transactions target

The future of payments is contactless and a cash-loving country like ours can make a successful shift towards becoming a digital economy, by embracing contactless payment cards.

RBI and its broken promise: Is there no sanctity to the promissory notes?
Business

RBI and its broken promise: Is there no sanctity to the promissory notes?

The draconian punishments announced for keeping more than 10 notes of demonetised currency including a four-year jail sentence seems to be a defence mechanism to discourage any trigger happy Public Interest Litigator from suing the Reserve Bank of India (RBI) for breaking its promise.

Bulandshahr: Nasty brawl after woman jumps bank queue, prompts cops to fire
India

Bulandshahr: Nasty brawl after woman jumps bank queue, prompts cops to fire

A nasty fight erupted outside a bank in Bulandshahr after a woman attempted to jump the queue to withdraw money, prompting police to fire in the air.

Demonetisation: Not enough cash for state-run banks from RBI, alleges staff union
Business

Demonetisation: Not enough cash for state-run banks from RBI, alleges staff union

The Reserve Bank of India is not giving enough cash to public sector banks, says All India Bank Employees Association, Vice-President, Vishwas Utagi.

Demonetisation and ATM chaos: Is execution failure worth the pain? Wait till 1 January
India

Demonetisation and ATM chaos: Is execution failure worth the pain? Wait till 1 January

The overall cost of the demonetisation exercise could run to Rs 30,000-40,000 crore, excluding the loss of GDP which cannot be made up like in services