Cash crunch due to less income velocity, more withdrawals: SBI
Mumbai : Describing recent reports of cash shortage in the country as "logic defying", state-run State Bank of India (SBI)...
Business
Retail gold sales down on Akshaya Tritiya
Mumbai : Retail gold sales are noticeably down on the auspicious Akshaya Tritiya this year owing to several factors, said...
Transporting currency to areas with unusually high cash withdrawals: RBI
New Delhi : The Reserve Bank of India on Tuesday said that it is "taking steps to move currency to...
ATM daily cash inflow plunges to 30%: CATMi
Mumbai : The daily cash flows into banks' ATMs has fallen drastically since the first week of April and now...
RBI Governor called by parliamentary panel on May 17
New Delhi : RBI Governor Urjit Patel has been called by a parliamentary panel on May 17 to answer queries...
Government to up printing of Rs 500 notes to tackle cash crunch: DEA Secretary
New Delhi : To meet the "unusual" currency demand in the country, the government has decided to increase printing of...
CBDT seeks more transparency in cross-national transactions
New Delhi : The Central Board of Direct Taxes (CBDT) on Saturday invited comments from stakeholders and general public on...
Fraud fallout: PNB tightens norms, to separate loan appraisal and monitoring teams
New Delhi : To avert any future fraud, the 124-year-old state-run lender Punjab National Bank said that it has strengthened internal...
PNB fraud: CBI examines two SBI officials
Mumbai : The CBI on Thursday said it is examining two officials of overseas branches of an Indian bank in connection...
ICICI loan case: CBI questions two NuPower directors
New Delhi : The Central Bureau of Investigation (CBI) on Thursday questioned two directors of NuPower Renewables Pvt Ltd in...
