An official of a big private sector bank on the condition of anonymity said that cash shortage is there in the system, however, the bank ha...

Asking whether the printing of the Rs 2,000 notes has been stopped, the Lok Sabha member said: "the government should not hide facts from t...

The Finance Minister Arun Jaitley has acknowledged the cash crunch situation and blamed ‘sudden and unusual increase’ in cash withdrawal fo...

Panic has spread across states, including the poll-bound Karnataka.

In other parts of the country, the cash crunch was not as severe as in the South, where two more states — Andhra Pradesh and Telangana — fa...

There is no threat to banking system, the problem has been identified and there is nothing to worry about, Sanjeev Sanyal insists.

The govt has now revealed that there is an acute shortage of Rs 500 notes and that it will take about a week to shore of supply of Rs 500 n...

For the last few weeks, several areas in Telangana and Andhra Pradesh have reported shortage of currency. Now similar reports are coming fr...

In a meeting with bankers on the issues of farmers loans, Dattatreya said as much as Rs 9,000 crore was released during June and another Rs...

With every passing day, the number of circulars from the government or the Reserve Bank kept on rising that led to confusion among bankers ...

The meeting assumes significance in view of various multilateral agencies and RBI lowering growth forecast for the current fiscal.

"Along with demonetisation, the committee headed by me on the issue in 2014 had recommended abolition of income tax, so that the people get...

On the likely impact of demonetisation on growth, he admitted that informal sector which mostly deals in cash is facing problem.

Non-banking financial companies are expected to see some near-term impact from the demonetisation, which is likely to weigh on the stock pr...

Banks are mulling engaging retired employees to deal with the unprecedented rush for exchange of invalid currency notes and ease pressure o...

Once the global credit crunch eases Asia will see the return of the large capital inflows which put the squeeze on their economies, a senio...

Further cuts in US interest rates would have a harmful effect on the dollar and the international finance system, a Chinese finance officia...