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CASH USAGE STATISTICS
ATMs hungry, but not for more cashMany Indians face empty ATMs despite ample cash in circulation. This is due to serious disruptions in cash movement. UPI's rapid rise and i...- Cash still matters in the digital world: ReportDespite the rise of digital payments, ATM cash withdrawals are increasing, particularly in states like Bihar and Uttar Pradesh, with CMS In...
- ETtech Opinion: Is India ready to walk the tech talk on the world stage?According to the National Payments Corporation of India (NPCI), 7.7 billion transactions were carried out through UPI in July 2023, transla...
- We should count polymer notesAs this usage is likely to continue for some time, there is a need to review the material used to make currency notes in India. Polymer cur...
- Here’s how you benefit by paying your bills through Bharat Bill Pay on CREDBenefits you receive by paying your bills with CRED as a key agent institution for Bharat Bill Pay System (BBPS)
- The future of banking is digital
- Cash in circulation at a decadal high even as digital payments soarSimultaneously, digital modes of payment have also soared manifold since the demonetisation in late 2016 , underscoring the apparent dichot...
- Government’s Rs 3 lakh crore MSME package best disbursed via digital MSME underwritingIf credit is not disbursed judiciously then the much need MSME credit guarantee package may not create the full bank-for-the buck.
- Soundwave technology: The new frontier in digital payment spaceThis technology facilitates a universally scalable and cost-effective means of payment by leveraging the benefits of cash-based and digital...
- Is China buying US soy? Washington shutdown keeps traders guessingThe USDA has issued announcements of grain and soybean sales over 100,000 tonnes since 1977.
- Slow & steady, algo trading takes up decent share on Dalal Street“Algorithmic trading can be used regardless of trading strategy,” says Nitesh Khandelwal.
- RBI study claims major drop in cash payments after note-banAs per the study, cheque volumes and values contracted during the pre-demonetisation period but recorded positive growth during demonetisat...
- Slow progress for cashless transactions a year after note banDemonetisation was aimed at reducing the cash-dependence of the Indian economy but has it's impact persisted in the year since it occurred?
- need2know: 9 macro triggers that should matter for market todayThe index of industrial production (IIP) rose 4.3% in August, reversing a contraction in June
- Why ATMs, once a symbol of liberalised economy, are fast losing importanceThe business of automated teller machines (ATMs), which was marketed as ‘Any Time Money’ to convey its convenience, is staring at a crisis.
- Big question mark on US stand on COP21 deal, says Dharmendra PradhanPradhan said the US was very much committed to decisions taken at Conference of Parties (CoP) on climate change in Paris last year under Pr...
- This tech cycle is different compared to the dotcom bubble: Benedict Evans, Andreessen HorowitzIn a chat with TOI, Evans explains how it's incomplete to look at what's happening now and say the venture capital world is going insane.
- Cab startups like Olacabs, TaxiForSure, Uber, eye mobile wallets for growthThe mobile wallet also does away with the possibility of arguments over getting the balance amount back from the cab driver.
- Debit card use can be popularised by cutting MDR: StudyUse of debit cards can be popularised in the country if RBI accepts a proposal that banks cut fees for debit card payments by bringing down...
- Time for next generation 'Online Banking'In the context of banking, the statistics indicate that the age group between 18 - 34 dominates online usage. This amounts to over 99% of a...
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