Reserve Bank of India quizzes bank officials on new notes demand

[TampaChinnodu]

Most ATMs in Andhra Pradesh and Telangana are unable to dispense cash.

 Reserve Bank of India

TIRUPATI: People may continue to face cash shortage for some more time as bankers claim RBI is not releasing fresh supply of currency notes.

“Whenever currency chests request from currency notes, RBI officials seek to know how the previously issued money was used. But I fail to understand how can we explain about its utilisation,” said a bank official at currency chest, who did not want to be named.

 

 

According to bank officials, people are withdrawing money from banks but they are not depositing the cash in equal measure.

“The withdrawals are huge compared to the deposits. This is why most of the ATMs are shut. The currency crunch is observed here from the time of demonetisation.”

Most ATMs in Andhra Pradesh and Telangana are unable to dispense cash.

[TampaChinnodu]

Quote

According to bank officials, people are withdrawing money from banks but they are not depositing the cash in equal measure.

[boeing747]

donga na ko gallu...aa malya, nirav modi etc lanti daridrapu LK gallu dabbu 10gesi desam nunchi paaripoyinappudu muskuni kurchunnaru.

[iPhoneX]

10 minutes ago, boeing747 said:

donga na ko gallu...aa malya, nirav modi etc lanti daridrapu LK gallu dabbu 10gesi desam nunchi paaripoyinappudu muskuni kurchunnaru.

[rapchik]

2 hours ago, TampaChinnodu said:

Mari modi dhebaki.. illu cash antha US dollars leka marusthunaru Ani..adhi epatikyana safe Ani planning

[TampaChinnodu]

9 hours ago, rapchik said:

Mari modi dhebaki.. illu cash antha US dollars leka marusthunaru Ani..adhi epatikyana safe Ani planning

Dollars kinda maarchina it should still come to banks. People are just hoarding money in homes. Banks default avuthayee Ani. 

[kittaya]

11 hours ago, TampaChinnodu said:

Most ATMs in Andhra Pradesh and Telangana are unable to dispense cash.

 Reserve Bank of India

TIRUPATI: People may continue to face cash shortage for some more time as bankers claim RBI is not releasing fresh supply of currency notes.

“Whenever currency chests request from currency notes, RBI officials seek to know how the previously issued money was used. But I fail to understand how can we explain about its utilisation,” said a bank official at currency chest, who did not want to be named.

 

 

According to bank officials, people are withdrawing money from banks but they are not depositing the cash in equal measure.

“The withdrawals are huge compared to the deposits. This is why most of the ATMs are shut. The currency crunch is observed here from the time of demonetisation.”

Most ATMs in Andhra Pradesh and Telangana are unable to dispense cash.

Antha Maharashtra Gujarat ki pampamanu

[TampaChinnodu]

3 hours ago, kittaya said:

Antha Maharashtra Gujarat ki pampamanu

vere states lo antha demand ledu man. mana telugu states lo full gaa withdrawing money. 

[kittaya]

24 minutes ago, TampaChinnodu said:

vere states lo antha demand ledu man. mana telugu states lo full gaa withdrawing money. 

FRDI bill ante bayam kada

[TampaChinnodu]

1 minute ago, kittaya said:

FRDI bill ante bayam kada

Yes . inka elections near ite situation inka goram avuthadi. 

[billa85]

lol 

bankollu andhrollu ayundochu

 

 

 

 

 

#AP paina edupu maa janma hakku

[TampaChinnodu]

Just now, billa85 said:

lol 

bankollu andhrollu ayundochu

 

 

 

 

 

#AP paina edupu maa janma hakku

relation leni topic lo crying sesthundi nuvvu . 

#YellowBhajana #Kattappas

[siru]

Modi sir tuglaq gani lekka kampu chesi vadiladu..this is the consequence.

what did ppl gain frm notes ban?

[TampaChinnodu]

14 minutes ago, siru said:

Modi sir tuglaq gani lekka kampu chesi vadiladu..this is the consequence.

what did ppl gain frm notes ban?

intention was good. But he didn't realized his own party will also be affected if notes ban scams are investigated. So he kept silent.

No one can do anything when whole system is involved in the scam. sad reality of our democracy.

[billa85]

2 hours ago, TampaChinnodu said:

relation leni topic lo crying sesthundi nuvvu . 

#YellowBhajana #Kattappas

 24 hrs edusta unde nuvve cheppali neetulu  

#AP paina edupu maa janma hakku

#langabhatuku