After a surge in the cases of bank robberies by alleged terrorists, the J&K government has issued an advisory to the bank to instantly stop cash transactions in at least 40 branches placed in Pulwama and Shopian districts of South Kashmir. The advisory has been issued in the backdrop of[Read More…]
Tag: Cash Transactions
Digital payments go down with return of cash: RBI report
In a major drawback to the digital India move and cashless economy, the digital transactions that gained popularity following the demonetization move, have started declining with the lift in remonetisation – indicating the return of people’s preference for hard cash. According to the latest data from the Reserve Bank of[Read More…]