Atm Cash Crunch

Notes in circulation rose to Rs 34.8 trn in 2024: RBI's monthly bulletin

CAGR of notes in circulation in value terms higher than volume terms last year

Linking ATM interchange fee to ticket size a good idea: FSS' Vishal Maru

If you look at per-ATM daily transactions, rural areas have much higher numbers. That's why WLATMs focus on Tier-III and Tier-IV cities, says Maru

Cash crunch woes: Deposits reduce, ATMs cut-to-size, money movement totters

Many PSBs are in the process of rationalisation of ATMs

Cash crunch: Bank unions threaten agitation, blame RBI, govt for shortage

AIBEA general secretary CH Venkatachalam said that even 16 months since the demonetisation, many ATMs are still not re-calibrated for the newly designed banknotes

Is the public hoarding cash? Look at income velocity for answers, says SBI

Income velocity based on currency with the public went down from 0.93 in October to 0.84 in March says a report from SBI's economic research department

ATM players seek higher interchange to meet cost of new RBI regulations

The confederation of ATM Industry (CATMi) has been in talks with the regulators to raise interchange for the past three to four years

Govt, RBI strapped for reasons to explain cash crunch: Opposition

Senior Congress leader P Chidambaram asked the RBI to explain why there is a cash shortage when it claims it has printed and supplied sufficient cash

Crisis at ATMs pushes Centre to address 'unusual spurt in demand' for cash

The bedrock of the issue is that authorities haven't been able to replenish cash lost as a result of Modi's 2016 ban

Banks are unable to meet the demand for cash, says ATM industry

The government's push towards digital payments can also be one of the reasons behind the cash shortage, said an ATM executive

ATMs run out of notes: Here's the reason behind the massive cash crunch

Although the rate of cash circulation has surpassed the pre-demonetisation level, it is not in tandem with the rate of economic growth