While loans may sometimes be easily accessible, there are occasions when both banks and non-banking financial institutions decline loan requests
Banknotes in circulation in value terms soared to Rs 29.17 lakh crore on October 29, 2021, from Rs 17.74 lakh crore on November 4, 2016.
The relaxation of the limit of the immediate payment system (IMPS) by RBI is conducive to ease of transactions and adds to ease of doing business.
The number of fake currency notes for FY21 stood at 2,08,625 in FY21 compared to 2,96,695 in FY20
The ferocity of the second wave of the coronavirus pandemic has scared people, forcing them to withdraw larger amounts from the ATMs with a view to av
Cash in circulation as a share of the GDP had gone down to 8.26% in 2016-17 as a result of the demonetisation before it began rising again
Under Section 269ST, a blanket restriction has been placed on the recipient on acceptance of cash for an amount of Rs 2 lakh and above
No purchase can be made in cash above Rs 2 lakh. Also, TDS will be levied on withdrawing cash above Rs 2 crore from banks