DMRC's recharge revenue dips

DMRC is bleeding because of fares remaining unchanged for the past seven years

The upward swing in Delhi Metro Rail Corporation’s (DMRC’s) recharge revenue has reversed after it stopped accepting demonetised notes, and the earning has dipped to Rs 2.5-2.7 crore a day. The recharge amount touched Rs 16.18 crore on November 10, after demonetisation was announced on November 8, since the government allowed old 500- and 1,000-rupee notes to be used for this.
 
Faced with the problem of giving change to customers, DMRC is seeking a relaxation in the RBI guidelines to allow the recharge card to have a maximum balance of Rs 2,500 from the current Rs 2,000. The corporation