Around ₹ 3 lakh crore of old ₹ 500 and ₹ 1000 notes were deposited in banks post demonetisation while ₹ 50,000 crore has been dispensed to public, Finance Ministry said. The banking system has handled about 18 crore transactions during the period, it said on Sunday, adding that issuance[Read More…]
Tag: Demontisation
Banks closed on Guru Nanak Jayanthi; queues get longer at ATMs
Cash-strapped people started making beeline outside ATMs from early morning on Monday but with limited success as most of cash vending machines are running dry and banks remained closed in many parts of the country due to Guru Nanak Jayanthi. Scuffle and heated exchanges were reported from ATMs and banks[Read More…]