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  • 'Demonetising Rs 500, Rs 1,000 notes will deter terror funding' Nov 12, 2016 03:54 PM IST

    'Demonetising Rs 500, Rs 1,000 notes will deter terror funding'

    "It (demonetising Rs 500 and Rs 1,000) is going to be a major deterrence as far as the funding of terrorism is concerned. This was one of the main considerations to have arrived on this decision," Singh told reporters on the sidelines of a function here today.

  • It will take three weeks to recalibrate 2 lakh ATMs:Arun Jaitley Nov 12, 2016 03:53 PM IST

    It will take three weeks to recalibrate 2 lakh ATMs:Arun Jaitley

    “The Finance Ministry is constantly monitoring the currency exchange,” Jaitley said at a press conference after chairing an emergency meeting of senior government and RBI officials.

  • Anger rising in India as banks slow to dispense cash to millions Nov 12, 2016 03:25 PM IST

    Anger rising in India as banks slow to dispense cash to millions

    Hundreds of thousands of people stood outside banks for a third day for long hours trying to replace 500 and 1,000 rupee bank notes that were abolished earlier in the week.

  • Demonetisation: Weekend rush add to woes; ATMs run dry on cash Nov 12, 2016 03:22 PM IST

    Demonetisation: Weekend rush add to woes; ATMs run dry on cash

    People left homes as early as 6 AM to try out their luck to get cash in hand leading to serpentine queues outside Automated Teller Machines (ATMs) in South Mumbai and suburbs.

  • Cash-strapped citizens throng ATMs of Mumbai Nov 12, 2016 02:19 PM IST

    Cash-strapped citizens throng ATMs of Mumbai

    There has been a stampede in front of two banks in the crowded Chandni Chowk area in the capital while a ration shop in Madhya Pradesh was looted by starving people who had no food and no money to buy food with.

  • Rumours spread on social media, police warn of strict action Nov 12, 2016 01:42 PM IST

    Rumours spread on social media, police warn of strict action

    In Chandni Chowk, owing to large crowds outside ATMs, a rumour spread that there was a stampede in which four people were injured. However, senior police officers from the district calmed the situation.

  • Chaos grows, queues get longer at banks, ATMs on weekend Nov 12, 2016 12:50 PM IST

    Chaos grows, queues get longer at banks, ATMs on weekend

    Many ATMs, which reopened four days after Prime Minister Narendra Modi announced demonetisation of two higher value currency notes, ran out of cash in few hours, leaving people frustrated.

  • Financial chaos & anarchy due to demonetisation: Congress Nov 11, 2016 07:14 PM IST

    Financial chaos & anarchy due to demonetisation: Congress

    The demonetisation move has brought financial chaos and anarchy in the country, the Congress alleged today and asked Prime Minister Narendra Modi as to who gave him the right to limit the withdrawal of taxpayers hard-earned money.

  • Cannot control black money without a surprise move: Prasad Nov 11, 2016 05:50 PM IST

    Cannot control black money without a surprise move: Prasad

    Lauding Prime Minister Narendra Modi's demonetisation scheme, Law and IT Minister Ravi Shankar Prasad today said an element of surprise is necessary to control black money.

  • KCR concerned about demonetisation impact on Tgana: Min Nov 11, 2016 05:34 PM IST

    KCR concerned about demonetisation impact on Tgana: Min

    Telangana IT Minister K T Rama Rao today said State Chief Minister K Chandrasekhar Rao is "concerned" about the implications of the Centres decision to demonetise Rs 500 and Rs 1,000 currency notes.

  • ATMs run dry within few hours after opening Nov 11, 2016 05:34 PM IST

    ATMs run dry within few hours after opening

    Most of the ATMs in West Bengal ran dry within few hours of reopening forcing the people to make a beeline for banks.

  • Voda comes out with talktime, data on credit, post note ban Nov 11, 2016 05:08 PM IST

    Voda comes out with talktime, data on credit, post note ban

    To help its pre-paid consumers who are short of balance post the demonetisation drive, telecom operator Vodafone today said it is extending them a credit on talktime and data usage.

  • 73-year-old dies in queue in Mumbai, big rush at ATMs Nov 11, 2016 05:08 PM IST

    73-year-old dies in queue in Mumbai, big rush at ATMs

    A 73-year-old man collapsed and died in a queue before a bank as cash-strapped people in the country's financial capital and suburbs rushed to the ATM counters today to withdraw some money to meet their daily expenses.

  • Enough currency with banks for exchange: RBI Nov 11, 2016 03:38 PM IST

    Enough currency with banks for exchange: RBI

    "There is enough cash available with banks and all arrangements have been made to reach the currency notes all over the country. Bank branches have already started exchanging notes since November 10, 2016," Reserve Bank of India said in a statement.

  • Your wait for new currency will get longer. Here is why Nov 11, 2016 01:50 PM IST

    Your wait for new currency will get longer. Here is why

    Sources in the Reserve Bank of India (RBI) and the State Bank of Patiala told News18 that customers will have to wait for a while more for a smooth transition to the new notes because ATMs will take some more time to adjust to the new Rs 2,000 notes.

  • Your wait for new currency will be longer, here is why Nov 11, 2016 11:55 AM IST

    Your wait for new currency will be longer, here is why

    Sources in the Reserve Bank of India (RBI) and the State Bank of Patiala told News18 that customers will have to wait for a while more for a smooth transition to the new notes because ATMs will take some more time to adjust to the new Rs 2,000 notes.

  • ATMs go dry soon after opening; queues continue at banks Nov 11, 2016 11:40 AM IST

    ATMs go dry soon after opening; queues continue at banks

    Many ATMs ran out of cash in couple of hours as there were heavy rush to withdraw lower denomination currency. Most of the machines were equipped to tender Rs 100 notes, while some were still not working.

  • Banks extend working hours, waive ATM charges to handle rush Nov 10, 2016 07:52 AM IST

    Banks extend working hours, waive ATM charges to handle rush

    Banks also announced a slew of measures, including extension of banking hours, doing away with ATM charges and expanding credit limits to handle the expected huge rush to tender now defunct Rs 500 and 1000 notes.

  • Major banks extend working hrs till 8pm; waive ATM charges Nov 09, 2016 08:24 PM IST

    Major banks extend working hrs till 8pm; waive ATM charges

    Fearing a jump in footfalls to deposit or withdraw cash following the demonetisation of Rs 500 and 1,000 banknotes, lenders today announced a slew of measures, including extension of banking hours, doing away with ATM charges and expanding credit limits.

  • Demonetisation: ATM market leader NCR sets up war rooms Nov 09, 2016 05:26 PM IST

    Demonetisation: ATM market leader NCR sets up war rooms

    Welcoming the demonetisation drive, NCR Corporation, the market leader in the ATM space with nearly half the share, said it is working overtime to update the system so that there is "minimum inconvenience" to the public.

  • We welcome decision to demonetise Rs 500, 1000 notes: Pawar Nov 09, 2016 03:28 PM IST

    We welcome decision to demonetise Rs 500, 1000 notes: Pawar

    Taking the nation by surprise, Modi last night announced demonetisation of Rs 1000 and Rs 500 notes, making these notes invalid in a major assault on black money, fake currency and corruption.

  • Shikha Sharma says demonetization is a bold move Nov 09, 2016 01:59 PM IST

    Shikha Sharma says demonetization is a bold move

    In conversation with CNBC-TV18, Shikha Sharma, MD & CEO, Axis Bank, said they are going to pull out Rs 500 and Rs 1000 notes from the ATMs and branches.

  • SBI working to make Rs 100 notes available at branches, ATMs Nov 09, 2016 01:56 PM IST

    SBI working to make Rs 100 notes available at branches, ATMs

    SBI Group which includes all its five subsidiaries has 55,000 ATMs and 7,000 cash deposit machines (CDMs). SBI alone has close to 17,000 branches and serves tens of millions of customers.

  • Demonetising Rs 1,000 & Rs 500 notes bold step: Soli Sorabjee Nov 09, 2016 01:10 PM IST

    Demonetising Rs 1,000 & Rs 500 notes bold step: Soli Sorabjee

    "It's a bold innovative move and honest tax payers have nothing to worry about. Though their may be initial discomfort and inconvenience which should be borne in the larger interest of the society and the nation," Sorabjee, former Attorney General of India, told PTI.

  • FAQs on the withdrawal of Rs. 500/Rs.1000 notes from circulation Nov 09, 2016 12:07 PM IST

    FAQs on the withdrawal of Rs. 500/Rs.1000 notes from circulation

    Frequently Asked Questions (FAQs) on Withdrawal of Legal Tender Character of the Old High Denomination Bank Notes

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