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Its payday in India — and the banks are begging for police protection - Washington Post;

Its payday in India — and the banks are begging for police protection - Washington Post

Washington PostIts payday in India — and the banks are begging for police protectionWashington PostNEW DELHI — It has been more than three weeks since India abruptly declared high-denomination currency bills to be invalid in its fight against corruption and counterfeit money, but the panic and desperation that the move generated have not abated.and more »

Long queues at banks, ATMs on first pay day after demonetisation - Mid-Day;

Long queues at banks, ATMs on first pay day after demonetisation - Mid-Day

Mid-DayLong queues at banks, ATMs on first pay day after demonetisationMid-DayKolkata: Young working professionals to pensioners, a large number of people queued up at banks long before the start of banking operations on Thursday morning - the first pay day after demonetisation. "Our bank accounts are refilled but our pockets ...and more »

India's banks and ATMs run dry on pay day - Asia Times;

India's banks and ATMs run dry on pay day - Asia Times

Asia TimesIndia's banks and ATMs run dry on pay dayAsia TimesDespite claims by India's central bank that it had stepped up the cash supply, millions of government and private sector employees failed to get paid on Thursday. There were reports of painfully long queues at banks and ATMs to draw salaries and ...and more »

Demonetisation day 23: Cash shortage noted on payday as angry customers queue up again - Firstpost

Demonetisation day 23: Cash shortage noted on payday as angry customers queue up againFirstpostReeling under shortage of currency stock, banks across the country have resorted to rationing of cash in order to handle the huge payday rush at branches. Although claims were made by various banks that adequate arrangement would be in place to tide ...and more »

Bank queues lengthen again in Kerala as payday dawns - gulfnews.com

Bank queues lengthen again in Kerala as payday dawnsgulfnews.comThiruvananthapuram: The meandering queues at bank counters and ATMs for withdrawing money lengthened again in Kerala yesterday, as tens of thousands of people rushed to withdraw money on payday. The queues had been dwindling over the past ...and more »

Demonetisation: As people wait, banks run out of money - The Indian Express;

Demonetisation: As people wait, banks run out of money - The Indian Express

The Indian ExpressDemonetisation: As people wait, banks run out of moneyThe Indian ExpressSources have told The Indian Express that the RBI has made adequate arrangements for pay day and there will be extra cash flow over the next few days. By: Express Web Desk | New Delhi | Updated: December 1, 2016 4:13 pm. demonetisation, payday, pay ...and more »

No mayhem on salary day in Tripura - New Kerala

No mayhem on salary day in TripuraNew KeralaAgartala/Aizawl, Dec 1 : The crowds at banks and ATMs in Tripura on Thursday, the first salary day after demonetisation, was not as massive as feared by many. [NK India] Bank officials in Agartala said a large number of employees withdrew some money in ...and more »

Pay day: Banks see moderate to heavy rush for cash - The Hindu

Pay day: Banks see moderate to heavy rush for cashThe HinduThe rush for cash in banks across Mysuru on Thursday on the first pay day after demonetisation was moderate though many State Bank branches witnessed heavy rush from pensioners and salaried persons for cash withdrawals. A long queue stretched ...and more »

Demonetisation: On big payday, banks force customers to accept less cash - Deccan Chronicle;

Demonetisation: On big payday, banks force customers to accept less cash - Deccan Chronicle

Deccan ChronicleDemonetisation: On big payday, banks force customers to accept less cashDeccan ChronicleBranches are also finding it difficult to meet the withdrawal limit of Rs 24,000 per person due to shortage of cash. Some banks are disbursing only Rs 5,000 per person while those having better cash availability are offering Rs 10,000 or Rs 12,000 per ...and more »

Salary day: People queue up outside banks - New Kerala

Salary day: People queue up outside banksNew KeralaNew Delhi, Dec 1 : People in large numbers queued up outside banks on Thursday to withdraw cash from their first salary received after the November 8 demonetisation. [NK India] Long queues were witnessed outside most banks and functioning ATMs ...and more »

Banks facing Pay Day test, RBI to drastically hike supply - Tehelka;

Banks facing Pay Day test, RBI to drastically hike supply - Tehelka

TehelkaBanks facing Pay Day test, RBI to drastically hike supplyTehelkaWhile many bank branches are yet to lay their hands on the new Rs 500 notes, Rs 100 notes are in short supply too. To meet Pay Day demand, banks were advised to take police protection. Tehelka Web Desk. December 1, 2016. Print Friendly Print & Email.and more »

From deploying mini ATMs to giving a day off, here's how firms like Infosys, VLCC are easing pay day woes - Financial Express;

From deploying mini ATMs to giving a day off, here's how firms like Infosys, VLCC are easing pay day woes - Financial Express

Financial ExpressFrom deploying mini ATMs to giving a day off, here's how firms like Infosys, VLCC are easing pay day woesFinancial ExpressThis is the first time when the salaried class will not be happy with the message that "salary has been credited to your account". By: FE Online | Updated: December 1, 2016 1:33 PM. IT giant Infosys, automobile maker Mahindra and Mahindra and operator ...and more »

Cash crunch continues on 'pay day', people struggle to withdraw salaries - ABP Live;

Cash crunch continues on 'pay day', people struggle to withdraw salaries - ABP Live

ABP LiveCash crunch continues on 'pay day', people struggle to withdraw salariesABP LiveNew Delhi: In spite of the Reserve Bank of India's attempt to brace up for the salary day by increasing the cash flow by four times, a huge cash crunch was still observed by people at ATMs and banks when people reached to withdraw money. In Puducherry ...and more »

Demonetisation: Banks struggle to disburse cash on pay day - Business Today;

Demonetisation: Banks struggle to disburse cash on pay day - Business Today

Business TodayDemonetisation: Banks struggle to disburse cash on pay dayBusiness TodayIn what is being dubbed as the biggest test of the government and RBI's preparedness to deal with post demonetisation cash crunch, banks on Thursday saw huge rush of people queuing up at branches across the country to withdraw salaries. With a huge ...and more »

Heavy Rush For Cash At Banks, ATMs In Bengaluru - NDTV;

Heavy Rush For Cash At Banks, ATMs In Bengaluru - NDTV

NDTVHeavy Rush For Cash At Banks, ATMs In BengaluruNDTVPeople queue outside an ATM counter at a bank to try to withdraw money in Bangalore. Bengaluru: Braving the morning chill, hundreds of people, young and old, queued up at ATMs and banks across this tech hub on Thursday to draw cash at the earliest.and more »

Cash crunch in India: RBI increases money supply by four times, cash crunch persists on pay-day - Northbridge Times;

Cash crunch in India: RBI increases money supply by four times, cash crunch persists on pay-day - Northbridge Times

Northbridge TimesCash crunch in India: RBI increases money supply by four times, cash crunch persists on pay-dayNorthbridge TimesCash crunch in India: Ever since the coming of demonetisation in the country, the masses have been facing the wrath of the financial crunch that accompanied the move of the scrapping of Rs 500 and Rs 1000 notes. The banks and the ATMs have been ...and more »

From speeding up currency printing process to airlifting new notes, RBI is doing everything to ease cash crunch ... - Businessinsider India;

From speeding up currency printing process to airlifting new notes, RBI is doing everything to ease cash crunch ... - Businessinsider India

Businessinsider IndiaFrom speeding up currency printing process to airlifting new notes, RBI is doing everything to ease cash crunch ...Businessinsider IndiaWith the ongoing cash crunch in the whole nation, the Reserve Bank of India (RBI) has decided to further increase the printing scale of new Rs 500 notes, in a hope that it will ease the situation. Banks across the country continue to face cash ...and more »

Demonetisation pay day LIVE: From towns to villages, cash crunch crush hits India - Financial Express;

Demonetisation pay day LIVE: From towns to villages, cash crunch crush hits India - Financial Express

Financial ExpressDemonetisation pay day LIVE: From towns to villages, cash crunch crush hits IndiaFinancial ExpressPeople standing in the queues have complained that the ATMs constantly run out of money and stop dispensing money too frequently for comfort. Hundreds of people leave the ATMs crestfallen when they see 'no cash' outside the bank gates or ATMs.and more »

Demonetisation in regional press: Gandhi do, Modi lo and more - Business Standard;

Demonetisation in regional press: Gandhi do, Modi lo and more - Business Standard

Business StandardDemonetisation in regional press: Gandhi do, Modi lo and moreBusiness StandardWhile the government has been saying that things are under control in metros when it comes to availability of cash, rural areas still need to be served. What does the regional press say when it comes to the ground situation in the states? Here is a ...and more »

Demonetisation: Indian government scales up printing of 500 rupee notes in bid to ease cash crunch - WION;

Demonetisation: Indian government scales up printing of 500 rupee notes in bid to ease cash crunch - WION

WIONDemonetisation: Indian government scales up printing of 500 rupee notes in bid to ease cash crunchWIONWith the RBI increasing the supply of cash, the position in bank branches and ATMs of large lenders is expected to improve substantially on Thursday. (Reuters). New Delhi, Delhi, India | Dec 1, 2016, 10.54 AM (IST). Follow Us. As the cash crunch at ...and more »