Current currency shortage could be superficial: SBI Report
Mumbai : Cash withdrawals from ATMs actually declined in the January-March quarter of last financial year on the sequential basis,...
Business
SBI not to charge fees on PoS cash withdrawals
New Delhi : Lending major State Bank of India on Thursday said that it will not charge any fees from customers...
New NPA resolution norms outcome oriented, flexible: RBI
Mumbai : Defending the Reserve Bank of India's (RBI) norms on resolution of banks' non-performing assets (NPAs), or bad loans,...
ATM operators want higher ‘interchange rates’
Mumbai : Bank customers may be hit as ATM operators have demanded higher 'interchange rates' for ATM transactions to enable them...
PNB says no “cash shortage” in its ATMs
New Delhi : State-run Punjab National Bank (PNB) on Wednesday said there is no "cash shortage in its ATMs across the...
SBI India’s most trusted bank, ICICI tops in private sector: Report
New Delhi : At a time when the banking sector in the going through a topsy-turvy phase, the TRA Brand...
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)...
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...
