With ATMs going dry across several states, an old question has popped up again: Did someone kill the Rs 2,000 note?
Amid ATM cash shortages, the Confederation of ATM Industry said that daily cash flows into banks' ATMs had fallen drastically since the first week of April
PMO takes stock of situation; printing of Rs 500 notes to be increased five-fold; central bank to move currency to affected areas
As with any large economy, the demand for cash does vary quite a bit in India, he said
In his Lok Sabha constituency Amethi, Gandhi said the "terror of note ban" has again gripped the country and accused the Prime Minister of destroying the banking system
Reiterating Union Finance Minister Arun Jaitley's stance on the currency in circulation, Kumar said that the scenario is temporary
Garg attributed this sudden cash demand to localised phenomenon
States like Gujarat, Uttar Pradesh, Madhya Pradesh, Bihar, Andhra Pradesh, Manipur and Telangana have so far reported a shortage of cash at ATMs
Several states are facing cash shortage despite currency flow in the economy going back to the pre-demonetisation level
RBI lifted all caps on withdrawals from current accounts, cash credit accounts and overdraft account
HSBC expects the medium-term addition to GDP growth from this reform to be about 40 bps
The ongoing cash crisis may escalate further leaving residents high and dry for want of cash during the weekend
Sector posts 5% decline in sales in Nov, steepest in 44 months
In the concluding article of a six-part series, Business Standard visits Ludhiana, one of the largest industrial towns in Punjab, to assess the effect of demonetisation